bob200体育证券头条：FINRA希望通过误导性的建议对误导性建议支付货币制裁，四家人寿保险公司必须支付与死亡福利相关的340万美元，而摩根大通（JPMorgan

前美林林奇顾问被指控与IRAS误导客户
兰登·威廉姆斯（Landon L. Williams）和前Merrill Lynch adviser who is no longer registered with the Financial Industry Regulatory Authority, is accused of misleading five of the firm’s clients by giving them inaccurate information when issuing recommendations for investments. All of the clients had individual retirement accounts. At the time, Williams served as a Merrill Lynch Edge Advisory Center adviser for a year until August 2014.

Merrill Edge customers have less than $250K in accounts. Instead of working with one broker, they work with a team of advisers.

In its complaint, FINRA note a couple of examples, including when Williams allegedly told one customer that the yearly operation cost of a fund was 1.113% when, in fact, it was 1.28%. He purportedly informed one client that she would be able to make up her front-end sales charges in three years even though his notes related to that fund said that she would make them up in seven years.

FINRA is seeking monetary sanctions.

Life Insurance Companies Settle with U.S. States Over Unclaimed Death Benefits
Securian Financial Group Inc., Hartford Financial Services Group, Standard Insurance Co., and Great American Insurance Group have reached a $3.4M settlement with the state insurance departments of North Dakota, Florida, California, Pennsylvania, and New Hampshire. The deal is related to the payment of unclaimed death benefits.

The state regulators were looking into the insurers’ use of the Social Security Administration’s Death Master File database, which helps them determine which insurance policyholders are deceased and what beneficiaries are owed benefits. Over the last several years, state insurance departments have come down on insurers that have not used the information from the database to track down and pay beneficiaries but are utilizing the information for identifying dead annuity contract holders to stop recurring payments to them.

As part of the settlement, the insurance companies will modify business practices and use the master file in a timely and uniform manner to look for dead policyholders and issue beneficiary payments.

Hartford will pay $2.1M of the settlement. Great American will pay $400K, Securian will pay $625K, and The Standard will pay $277K.

摩根大通支付印第安纳州$ 950k
摩根大通公司（JPM）will pay $950K to settle claims that the firm did not disclose important information about investment services for clients in Indiana. According to the Indiana Secretary of State’s Office, between ’08 and ’14, JPMorgan failed to tell clients about the model it employed that guided clients toward buying its proprietary products.

印第安纳州国务卿康妮·劳森（Connie Lawson）表示，该公司的产品与属于第三方产品的产品没有太大不同。她指出，投资者在决定在哪里投资资金时有权获得所有事实和信息。

JPMorgan has modified its disclosure practices since then.

AtShepherd Smith Edwards and Kantas, LTD LLP, we help investors recoup losses sustained from securities fraud. Contact ourbob200体育证券律师事务所今天。

被指控误导客户的前美林边缘顾问，InvestmentNews，2016年8月5日

Four life insurers will pay $3.4M to settle probe over death benefits，InvestmentNews，2016年8月5日

Read the Disciplinary Document Against Landon Williams（PDF）

JPMorgan Settlement with Indiana Draws Interest of Other States, Bloomberg, August 3, 2016