SII Investments, Inc. began in 1968 when Secura Insurance Company added a securities channel to its existing business. Secura Investments, Inc., gave property and casualty insurance agents the flexibility to sell securities to their clients. In 1990 Secura Investments, Inc. was repositioned as an independent broker/dealer. In June of 1997, two of Secura’s brokers and one employee of the broker/dealer purchased Secura Investments, Inc. from Secura Insurance Company and changed the name to SII Investments, Inc. One year later, Jackson National Life Insurance Company acquired SII Investments. The network resources available from this new parent company enabled SII to bring new technology and expanded offerings to representatives and clients
SII Investments, Inc. Ordered to Pay Customer $105,000
A FINRA arbitration panel ordered SII Investments to pay an investor $105,000 to compensate him for damages that he suffered as a result of SII Investment’s misconduct. The investor accused SII Investments of negligence, failure to supervise, and violation of Florida’s investor protection statute in relation to recommendations and sales of American Skandia variable annuities.
If you suffered investment losses, please contact us or communicate with a Dimond Kaplan & Rothstein, P.A. attorney at 888-578-6255 or jkaplan@dkrpa.com for a free case evaluation.
