Monday, December 12, 2011

Does anyone know if a license is required to sell certificates of deposit in FL?

I work in a call center for an insurance company that sells financial products such as annuities and certificates of deposit. We are being asked to "pre-sell" the CD's even though we aren't licensed insurance agents. We've been instructed to calculate APY's on large sums of money, provide the terms of the CD's, etc. None of us have been offered any training nor do we have financial backgrounds. Is this legal?|||You are the lead or contact person. Someone in your office has the authority to sell these financial products.

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