A recent New York Times story reports on the misleading credentials and sales tactics of some unscrupulous financial advisors.  http://www.nytimes.com/2007/07/08/business/08advisor.html?pagewanted=1&_r=2.  Mississippi’s own Secretary of State’s office was quoted in the article. 

“If insurers would cut off these companies, this behavior would end tomorrow. Instead, they just close their eyes or say it’s not their fault when a supposedly rogue sales agent misbehaves,” said Jim Nelson, an assistant secretary of state in Mississippi. “It’s scandalous that the insurance companies are working with these marketing organizations.”