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Articles Posted in modified endowment contracts

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Allen Olander of Centaurus Financial Sanctioned Over Variable Annuity Sales

The Financial Industry Regulatory Authority (FINRA) sanctioned broker Allen B. Olander (Olander) of Centaurus Financial, Inc. (Centaurus) concerning allegations that Olander failed to disclose an IRS lien on his Form U4, borrowed money from a customer, and made unsuitable recommendations in the sale and exchange of variable annuities.  This is…

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