Financial Product Sales: Actions Needed to Protect Military Members

Abstract

In 2004, a series of media articles alleged that financial firms were marketing expensive and potentially unnecessary insurance or other financial products to members of the military. GAO's report for this committee examined (1) features and marketing of certain insurance and securities products being sold to military members and (2) how financial regulators and the Department of Defense (DOD) were overseeing the sales of insurance and securities products to military members. GAO also examined issues relating to DOD's oversight of insurance sales for a report issued in June 2005.

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Document Details

Document Type
Technical Report
Publication Date
Nov 17, 2005
Accession Number
AD1154347

Entities

People

  • Barry Kirby
  • Cody Goebel
  • Gwenetta Blackwell-greer
  • Jack R. Edwards
  • Josephine Perez
  • Richard J. Hillman
  • Tania Calhoun

Organizations

  • United States Government Accountability Office

Tags

DTIC Thesaurus Topics

  • Congress
  • Department Of Defense
  • Finance
  • Financial Management
  • Governments
  • House Of Representatives
  • Law
  • Marketing
  • Military Personnel
  • Money
  • National Governments
  • Personnel Management
  • Security
  • State Law
  • Training
  • United States
  • United States Government
  • Websites

Readers

  • Defense Financial Management and Audit.
  • Economics
  • International Relations and European Studies