A hearing before an administrative law judge has been scheduled for December 12 to weigh allegations of fraudulent sales of variable annuities made against Gilman+Ciocia  as a result of cease-and-desist proceedings instituted by the SEC against the company’s executives and other current and former registered representatives with the organization’s Prime Capital Services subsidiary. The information was contained in Gilman’s 10-Q form filed with the SEC on Friday.
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