Tag Archives: 401k

FINRA Fine Axa re 401k Fraud

On May 2, FINRA fined Axa for lying to 401k sponsors, members. AXA Advisors, LLC, misrepresentations to 401(k) plan sponsors and participants. Firm sells and services, group annuity contracts for employer-sponsored 401(k) retirement plans that an affiliated life insurance company issues and administers. Alleged Violations AXA advised employers to help determine what funds should be…
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