It appears that Mr. Whitaker has chosen not to answer our questions. Crickets are chirping, Mr. Whitaker. Your silence speaks volumes. The OP can file a formal complaint via the FINRA website. Google “File a FINRA Broker Complaint”. Scroll to the FINRA.org website.
Also, the following link describes another financial advisor in The Villages that was aggressively selling these high-risk L-bonds to seniors and ended up with around 17 disclosures and at least 12 SEC awards.
Mr. Whittaker settled one disclosure complaint for $14,999, according to the FINRA website. I suspect Mr. Whitaker is going to have his hands full defending the sale of these bonds as a precedent has been arbitrated.
Complaint Filed Against National Securities in The Villages, Florida Over Mark Cline’s Sale of GWG L Bonds - EIN Presswire