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15 firms now face annuities inquiries

Regulators look at ties between insurers, brokers

By Andrew Caffrey
Globe Staff / February 18, 2005

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Fifteen financial firms, including some of the nation's largest brokerage companies, are being questioned by state regulators in their widening investigation into whether senior citizens are being sold variable annuities that are not appropriate investments for them. (Full article: 747 words)

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