NEW YORK, Sept 18 (Reuters) - Broker-dealer First

Horizon Advisors, Inc has agreed to pay a civil penalty of

$325,000 in connection with its recommendations for certain

products, the U.S. Securities and Exchange Commission said in a

statement on Wednesday.

The SEC found First Horizon ( FHN ) failed to maintain and enforce

policies and procedures reasonably designed to achieve

compliance with Regulation Best Interest (Reg BI). First Horizon ( FHN )

did not comply with the new rule in multiple ways, including by

approving recommendations to customers without having all the

accurate information they needed to review for some accounts,

the SEC said in the statement.

A lawyer for First Horizon ( FHN ), which did not admit or deny

the SEC's findings, did not respond immediately to a request for

comment.

To settle the SEC's charges, First Horizon ( FHN ) agreed to a

censure and a cease-and-desist order, in addition to the civil

penalty.