Financial planning firm GilmanCiocia has agreed to indemnify its CEO and chief compliance officer for civil penalties levied against each by the SEC. At the same time, the company revealed its form 10-K that it had missed the deadline for paying part of a $450,000 civil penalty ordered as a result of the cases, which involved the fraudulent sale of variable annuities by some of its representatives to senior citizens. That information came as the company improved both its bottom line and revenue for the year ended June 30.