The allegations read: Nasd conduct rules 2310, 2110 and interpretive material 2310-2; respondent recommended to public customers the purchase and sale of multiple variable annuities and variable life products that were unsuitable in view of customers' financial situation, investment objectives, circumstances and needs. He completed the application for a customer to purchase the equitable variable annuity and made statements on the application that were false and created a false book and record at his member firm.
