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: Securities Law Prof Blog

Florida Broker-Dealer Settles Charges It Sold Unsuitable Annuities to Seniors

By Securites Lawprof

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The SEC today issued an administrative Order imposing sanctions on Prime Capital Services, Inc. and Gilman Ciocia, Inc. The Order finds that from approximately November 1999 through February 2007, Prime Capital Services, Inc. (PCS) sold unsuitable variable annuities to senior...

Full post as published by Securities Law Prof Blog on March 16, 2010 (boomark / email).

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