The allegations read: Without admitting or denying the findings, levin consented to the sanctions and to the entry of findings that he hosted a weekly radio show during which he made statements that were unbalanced, promissory, misleading and/or lacked reasonable basis. The findings stated that levin utilized the show to market his retirement planning business. During the shows, levin repeatedly touted the benefits of investing in equity indexed annuities (eias), although he did not mention this product by name. Instead, levin only generically described the positive features and characteristics of the eias that he was selling to his customers. Levin also made unwarranted performance projections without disclosing that they were dependent on the performance of an index.
