Speak with a Registered Agent: 1-866-223-2121

Speak with a Registered Agent: 1-866-223-2121

Compare Annuities and Those Who Sell Them with FINRA’s Expanded BrokerCheck


By

The Financial Industry Regulatory Authority (FINRA) will ask the SEC for permission to expand their BrokerCheck system, according to FINRA’s news release “FINRA Proposes Further Expansion of Broker Information Publicly Available Through BrokerCheck.”  The BrokerCheck system allows the public to view records of securities brokers both current and former for free.  The proposed changes would increase the amount of complaints that are publicly available.  It would also make the records of brokers that left the industry available for ten years, up from the two years currently available.  Information regarding any criminal convictions and certain lawsuits would actually be permanently available.

Wise consumers compare annuities before making their investments.  Now it can be easier to compare the brokers who sell annuities to consumers.  Unfortunately, shady brokers who have been forced to leave the industry have shown up in other facets of finance looking to do harm.  They have been involved in fraud and other forms of misconduct related to finance.  FINRA wants to get rid of these former brokers for good, but as wise consumers we need to use FINRA’s free online BrokerCheck service for it to be effective.  Before you purchase annuities or make other financial investments, check your broker out online and make sure that they have a moral financial record.

For more information about the product mentioned in this article contact us here:

Newest Blog Posts

Information Request Form

If you have questions or would like more information, please complete this form and a licensed professional will be happy to help.

By providing your information and clicking 'Submit' above, you acknowledge that you have read and agree to this site's privacy policy. You also provide your consent to be contacted at the email address or phone number provided above (including any wireless number) by licensed agents or representatives from or on behalf of AFYI Holdings Group, LLC and other companies to provide the information requested and/or offer annuities or financial products. You understand that these calls or SMS messages may be generated using an automated telephone dialing system, a pre-recorded message, or artificial voice. Consent to receive such messages is not a condition to purchase any goods or services. You may opt out at any time by following the instructions in the messages you receive.  Receiving quotes and information through our website is free, and you are under no obligation to purchase any goods or services as a result of this request. You affirm that you are the subscriber of the provided telephone number or that the subscriber authorized you to provide the number. Message and data rates may apply. AFYI Holdings Group, LLC is committed to respecting your privacy and adhering to all applicable laws and regulations, including the Telephone Consumer Protection Act (TCPA).