Monthly Archives: June 2014

Tomorrow's Financial Services, Inc.

Be Vigilant of Fund Transfer Request via e-mail

Hacking an e-mail account is a common thing now days. We need to be alert of Fund Transfers request via e-mail. It can inflict financial damage to the firm and the registered representative, this is something that can be avoided.

Reg. Rep. X (CRD #1234567, Registered Representative, Edison, New Jersey) was fined

$7,500 and suspended from association with any FINRA member in any capacity for 10

business days. The fine shall be due and payable on Reg. Rep. X  return to the securities industry.

The sanctions were based on findings that Reg. Rep. X falsely attested that she had confirmed

a request for a fund transfer with a customer and as a result, caused her member firm’s

books and records to be inaccurate. The findings stated that Reg. Rep. X processed the fund

transfer request that she thought a customer had sent, but the transfer request was

actually sent by an imposter who hacked into the customer’s email. In order to finalize

the transfer of funds, and to accommodate what she believed in good faith to be the

customer’s wishes, Reg. Rep. X provided a false attestation in her firm’s electronic wire transfer

system. In reliance upon Reg. Rep. X’s attestation and the information the imposter provided, the

firm wired the funds from the customer’s account to the account the imposter specified.

The imposter requested a second transfer and at that point, Reg. Rep. X and the adviser she

assisted became suspicious. Reg. Rep. X and the adviser brought the incident to a branch manager

after they determined the signature on the letter of authorization (LOA) did not match the

customer’s signature on file. As a result, the firm investigated the incident and terminated

Reg. Rep. X based on her false attestation. Reg. Rep. X initially represented that she mistakenly checked

the box attesting that she had spoken with the customer and later volunteered that she did

so knowingly.


Services for Chris Briamonte’s sister Nicole Malato

Dear Friend of FFP,

Please see the below information regarding the arrangements for Chris Briamonte’s sister Nicole Malato. Our prayers are with their family.


Visiting for Nicole will be on Friday from 2 until 8 pm at the Armitage and Wiggins Funeral Home, Kearny. Mass will be on Saturday at 10 am in Queen of Peace Church and entombment will follow at Holy Cross Cemetery, both in North Arlington.


North American’s SimpleSubmit SimpleSubmit

Your Electronic Application For:

Submit your business online!  Powered by iPipeline’s iGO e-App®, North American’s SimpleSubmit helps you close sales faster by eliminating the paperwork process. SimpleSubmit helps you complete the application process with fewer errors or missing information, schedule the paramed exam online and sign electronically. Plus, if you’re working on a tablet, you have the option to collect a finger signature. Within minutes, you can submit business “in good order” and be on the road to getting paid faster!

ebca17f8386ff19438289648371369fc82d27d2e                             iPipelineStart-thumb                          SimpleSubmit Demo                                              Get Started with iPipeline    

NAM-2627-thumb                         NAM-2908-Thumb                         NAM-2589-thumb
      Agent Guide                                        Helpful Tips                                Next Steps For Clients

Why SimpleSubmit? Ensures your app is in good order to improve turnaround time

  • Required information is completed
  • No re-keying of information
  • Complete app packet with all supplemental forms

Convenient, real time, online paramed scheduling

  • Saves time trying to connect with client
  • No medical questions on e-App – paramed collects information at the time of exam
  • All exams done by APPS-Portamedic

Signing flexibility

  • Get it all locked up with a face-to-face e-signature (click-to-sign or finger signature on tablet)
  • If the sale isn’t face-to-face, you can choose an email e-sign, or choose to sign at the paramed appointment
  • Combination of e-signature methods available for multiple signers

Where to find it: Access SimpleSubmit today directly from your agency’s website. Click on the SimpleSubmit link or iGO e-app link.

When to use it: Submit your ADDvantage Term and Custom Guarantee universal life insurance cases through SimpleSubmit.

Need help with your case design? Contact TFS Insurance Agency, Inc @ 732-758-9300 x-165 or email