Florida's strong appetite for investment products is giving bank brokers there cause to celebrate, but hurdles remain in the form of litigation and heavy regulatory scrutiny.

The recent lifting of restrictions on banks selling annuities in the state, coupled with the bullish stock and bond markets over the past 16 months, has boosted investment sales in Florida and made it an increasingly significant outlet for companies such as SunTrust Banks Inc., NationsBank Corp., and First Union Corp.

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