Thread regarding Mutual of America Life layoffs

CEO & COO News

Is the CEO Rich & COO Malaki registered with FINRA, the S.E.C. or even insurance licensed in NY State ? If not, they oversee & manage a life insurance, variable annuity, & registered products company but are not even licensed w/any of these agencies ? Find it odd about w/ the talk about unskilled labor many who have insurance licenses & are registered w/FINRA that these two don’t even have the same qualifications. How can that be ? One of the complaints about SEV was that his firm was not registered w/sec but it was (later) & he is but rich & malarki are not even on Brokercheck even though they have laid offed & supervised hundreds of people.

Check Broker Check & let us know what u find out.

This is a real head scratcher.


by
| 15 views | | 3 replies (last 7 days ago) | Reply
Post ID: @OP+1m0eh8b7d

3 replies (most recent on top)

@sq our senior leaders should all be FINRA & Insurance Licensed. Full Stop. Otherwise, they could be in violation for lack of supervision & they are constantly talking about variable products & mutual funds & promoting them to clients & prospects. At a minimum should be Series 6,7,24,25,65,63, SIE or a combination of the aforementioned

by
| | Reply
Post ID: @vz+1m0eh8b7d

@d1 why doesn’t it matter ? Care to elaborate

  • They need to lead by example.
  • No exceptions.
  • They say low skill employees need to go ? -If they can pass a series 6, SIE, 24, 26, 65 & obtain insurance licenses, they need to be fired
  • Again, bias in the retention process.
  • Let’s see how intelligent they really are . Can they get these credentials in 90 days ? -We used to fire people “low skilled workers” if they didn’t obtain these credentials in 90 days.
  • Double standard. Bias. Let’s see how intelligent they are.
  • What is their true cognitive ability.
  • Focus. Concentration.
  • time to give them the Montreal Cognitive Test. You know, the same one Biden failed & the same one Trump Aced
by
| | Reply
Post ID: @sq+1m0eh8b7d

Why does it matter? They lead you follow no your place and just put your head down and do you job unless you want to end up like the button pushers being laid of not soon enough

by
| | Reply
Post ID: @d1+1m0eh8b7d

Post a reply

: