Tagged with "VSR Financial Services"

FINRA Fines Eight Broker-Dealers for Violations Related to Sales of Variable Annuity L-Shares

Posted on November 25th, 2016 at 10:00 AM
 FINRA Fines Eight Broker-Dealers for Violations Related to Sales of Variable Annuity L-Shares

FINRA has fined eight firms which include Voya Financial Advisors, Kestra Investment Services, FTB Advisors and five broker-dealer subsidiaries of Cetera Financial Group, comprising of Cetera Advisor Networks, Cetera Financial Specialists, First Allied Securities, Summit Brokerage Services and VSR Financial Services. 

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Texas Advisor Suspended For Violating Client’s Instructions

Posted on October 12th, 2016 at 8:52 AM
Texas Advisor Suspended For Violating Client’s Instructions

A financial advisor named MF (Mickey) Long II of Plano, Texas, has been suspended by the Texas State Securities Board for 45 days for recommending risky investments for a 70-year-old customer while he was employed by VSR Financial Services. 

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