AXA Hit With $3.2M FINRA Fine for Rogue Advisor Who Churned Products
Published by Life Annuity Specialist by Arthur D. Postal May 3, 2019 --- An upstate New York broker’s decision to switch a farming family’s investments from life insurance to variable annuities may cost AXA Equitable $3.2 million. That’s how much a Financial Industry Regulatory Agency arbitration panel granted to James and Sandra Fitzpatrick, an elderly...