The chairman of New York-based brokerage firm FTC Capital Markets faces multiple charges stemming from an alleged $22 million scheme, including making unauthorized purchases of high-risk securities.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.