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Home>Finra checking out B-Ds that sold variable annuities with hedge funds

Finra checking out B-Ds that sold variable annuities with hedge funds

InvestmentNews.com

Wed, 5 Dec 2012

Finra is said to be investigating a handful of broker-dealers that sold VAs with subacccounts invested in hedge funds. Clients who bought the products lost $18 million, says an attorney.

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