fbpx

Annuities

Ex-Next Financial Broker Elmer Bullis Suspended-Misrepresenting Annuities

Ex-Next Financial Broker Elmer Bullis Suspended-Misrepresenting Annuities 150 150 Rex Securities Law

Richmond, Virginia The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. FINRA’s chief role is to protect investors by maintaining…

read more

Sun Life Annuities Can Be A Problem for Investors

Sun Life Annuities Can Be A Problem for Investors 150 150 Rex Securities Law

Especially if the annuities subaccounts are investing in hedge funds. FINRA recently investigated the following  firms in connection with  variable annuities( Foresee Strategies Insurance Funds and Sala Multi Series Fund)…

read more

Ellen Erenstein -Former Workman Securities Broker-Discloses Numerous Customer Disputes-Boynton Beach, FL

Ellen Erenstein -Former Workman Securities Broker-Discloses Numerous Customer Disputes-Boynton Beach, FL 150 150 Rex Securities Law

May 2017-Boynton Beach, FL According to FINRA records, on August 17, 2012, Ellen J. Erenstein submitted a Letter of Acceptance, Waiver and Consent in which she was barred permanently from association…

read more

FINRA Announces December 2012 Disciplinary Actions

FINRA Announces December 2012 Disciplinary Actions 150 150 Rex Securities Law

FINRA Announces December 2012 Disciplinary Actions The Financial Industry Regulatory Authority (FINRA) issues a report on disciplinary and other actions involving registered brokers, investment advisers and brokerage firms every month. Here…

read more

Securities Regulators Warn Investors to Be Wary When Purchasing Annuities

Securities Regulators Warn Investors to Be Wary When Purchasing Annuities 150 150 Rex Securities Law

March 25, 2012 The Financial Industry  Regulatory Authority (FINRA) has expressed concerns to investors about annuities for many years. In 2006, concerned about unjustified annuity exchanges, they posted an alert showing investors how…

read more

Stockbroker Jailed for Selling Annuity to 83 Year Old Woman

Stockbroker Jailed for Selling Annuity to 83 Year Old Woman 150 150 Rex Securities Law

The Wall Street Journal reports that California’s insurance commissioner had independent insurance agent Glenn Neasham arrested for selling a complex annuity to an 83 year old woman. The jury in Lake County,…

read more