Finra bars former AXA rep for failure to appear at hearing

Ex-AXA broker was fired by firm for misrepresentations in VA sales

Aug 9, 2017 @ 1:26 pm

By InvestmentNews

The Financial Industry Regulatory Authority has banned Bryan C. Lightsey, a former broker at AXA Advisors, for failure to appear at a hearing looking into his conduct.

Mr. Lightsey, of Boca Raton, Fla., was terminated by AXA Advisors in 2016 after seven years with the firm for what AXA said were "material misrepresentations on multiple customer variable annuity applications." He then was affiliated with International Assets Advisory from March 2016 until August 29, 2016. Mr. Lightsey is no longer affiliated with a Finra member firm.

Mr. Lightsey began his securities career at Variable Annuity Marketing Company in 2001 and moved later that year to AIG Retirement Advisors, where he remained until 2008.

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