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Articles Posted in Ameritas Investment Corp.

Ameritas Fined $180,000 by FINRA Over L-Share Variable Annuity Sales Practices
InvestorLawyers

As part of its continued variable annuity (“VA”) abuse crackdown, the Financial Industry Regulatory Authority (“FINRA”) recently censured and fined member firm Ameritas Investment Corp. (CRD# 14869) (“Ameritas”) $180,000 for alleged lapses in the supervision of VA sales by its financial advisors. In a letter of acceptance, waiver and consent (“AWC”), FINRA has disclosed that…

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