Fifth Third Securities, Inc. Receives $6M Sanction from FINRA

According to a FINRA news release dated May 8, 2018, Fifth Third Securities was sanctioned $6M for its failure to appropriately consider and accurately describe the costs and benefits of variable annuity (VA) exchanges and for recommending exchanges without a reasonable basis to believe the exchanges were suitable. If you purchased an annuity and have questions as to whether it was suitable for you or if your broker exchanged your annuity for another and you have questions, please contact Andre Perron at (941) 827-2228 or click here for a free consultation.