Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Mauro (Mauro), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Mauro recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on May 26, 2021.
Customer alleged that certain attributes of the annuity contract purchased were not explained and was given poor advice to take Required Minimum Distributions from the contract which impacted the income benefit rider.