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MassMutual To Pay $1.6M Over Unclear Annuity Disclosures

By Matthew Heller (November 15, 2012, 10:26 PM EST) -- Massachusetts Mutual Life Insurance Co. agreed Thursday to pay a $1.6 million fine to settle charges by the U.S. Securities and Exchange Commission that it failed to disclose information to consumers about complex annuity products that even its own sales agents found confusing....

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