大都会证券（Mebob200体育tlife Securities

金融行业监管局表示，Metlife Securities Inc.（MSI）将向客户支付2000万美元的罚款以及500万美元bob200体育的罚款和500万美元，以进行疏忽和重大错误陈述，这据称与可变年金替换应用相关。根据自我监管组织的说法，这些所谓的遗漏和虚假陈述是在数以万计的申请上，尽管建议的变量年金通常比推荐的可变年金成本高于相比客户已经拥有的人。大都会证券通过其bob200体育可变的年金替代业务在六年的时间内至少收入1.52亿美元的总经销商佣金。

Based on a sample of transactions that were randomly examined, FINRA said that from ’09 through ’14, MetLife Securities omitted or misrepresented at least one material fact connected to the guarantees and costs of existing variable annuity contracts in 72% of the 35,500 replacement applications that it approved. Among the alleged misrepresentations:

· Existing variable were costing customers more than the variable annuities they were recommending, when the opposite was true.

·没有被告知，承诺的可变年金替代品将减少或摆脱其当前变量年金所拥有的关键功能。

· In disclosures, the value of customers’ existing death benefits was understated.

FINRAalso said that MetLife Securities did not make sure that its registered representatives evaluated or were given accurate data about the variable annuity replacements they were recommending. The firm is accused of not properly training registered representatives on how to compare the relative guarantees and costs involved in swapping one variable annuity with another variable annuity. Meantime, firm principals approved 99.7% of variable annuity replacement applications even though almost 75% of the applications had information in them that were materially inaccurate.

MetLife Securities is also accused of not supervising the sale of its bestselling variable annuity feature known as the GMIB rider, which is costly and complex. The rider was marketed to customers as a way to provide an income stream in the future that was guaranteed and it was one of the reasons cited by financial advisers for why a variable annuity that already had been purchased by a customer should be replaced with a new one. Many of these customers already held MetLife annuities.

FINRAcontends that since at least 2009, MetLife Secuirites customers received quarterly account statements that understated the total fees and charges that they sustained on certain variable annuity contracts. Often, the statements made it appear as if there were zero such charges when in reality substantial charges and fees were paid by the customers.

通过解决，大都会证券并不否认或承认FINRbob200体育A指控。但是，它确实与Finra的调查完全合作。公司同意支付的罚款是SRO施加的与迄今为止可变年金相关的最大罚款。

It was just in 2014 that FINRA filed a complaint against former MetLife brokers Christopher Birli and Patrick Chapin for their purported involvement in a seven-year scam to inflate commissions through the switching of $21M in annuities. The two men agreed to a permanent industry bar to settle the FINRA charges but did not admit or deny the allegations.

变量年金
这是一种为投资者提供稳定收入的保险产品。通常，这是一次一次性支付的投资。可变年金通常由相互发现，人寿保险和退休计划组成。当经纪人建议客户将较旧的年金交换为另一个年金时，就会发生“年金切换”。这通常使经纪人在损失客户时受益。

如果您怀疑您的投资损失是由于年金欺诈造成的，请联系我们securities lawyerstoday atShepherd Smith Edwards和Kantas，Ltd LLP。

阅读FINRA针对大都会人bob200体育寿的证券行动(PDF)