Friday, April 30, 2010
Inappropriate Annuity Sales Still An Issue-Finra CEO
The Financial Industry Regulatory Authority, or Finra, remains concerned about the inappropriate sale of annuities to seniors, and its examinations of firms continue to raise red flags on the issue, Richard Ketchum, chairman and chief executive of the securities industry's voluntary regulatory organization, said Thursday.
In addition, Ketchum said that while it's not completely clear yet how the debate on financial reform will shake out, it does seem clear that there will be a focus on a common standard for broker-dealers and investment advisers. He also said more change is on the way for Finra's examination/enforcement program...
NASDAQ: Inappropriate Annuity Sales Still An Issue-Finra CEO
In addition, Ketchum said that while it's not completely clear yet how the debate on financial reform will shake out, it does seem clear that there will be a focus on a common standard for broker-dealers and investment advisers. He also said more change is on the way for Finra's examination/enforcement program...
NASDAQ: Inappropriate Annuity Sales Still An Issue-Finra CEO
Permalink posted by markw @ 5:03 AM 
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