WASHINGTON (AP) - Abusive marketing to military recruits of overpriced, unsuitable mutual funds and life insurance has led to a campaign to educate service members and their spouses on financial matters.

The campaign is being announced Thursday by the National Association of Securities Dealers - the brokerage industry's self-policing organization - as well as several members of Congress and government officials.

The NASD's $6 million program will provide financial training programs for military spouses and for financial counselors located on bases. A new Web site, http://www.SaveAndInvest.org, will provide information for military personnel and their families, and there will be a global advertising campaign.

More than 2,000 military spouses already have applied to become financial counselors, according to the NASD.

‘‘We know that military personnel want and need objective, unbiased information to help them make sound financial decisions,'' said NASD Chairman and CEO Robert Glauber.

At a time when soldiers are fighting and dying in Iraq, lawmakers have denounced widespread instances of financial companies targeting military personnel with high-pressure sales tactics and charging them exorbitant fees.

Legislation that would curb sales to military personnel of exploitive mutual fund plans, insurance policies and other investment products passed the House in 2004 and 2005 but has yet to be voted on in the Senate.

The $6 million for the education program is coming from fines imposed by NASD and the Securities and Exchange Commission in December 2004 against First Command Financial Planning Inc., a company that sold high-fee mutual funds to military officers.

First Command, based in Fort Worth, Texas, agreed to pay a total of $12 million, with the other $6 million going to compensate certain customers.

The company neither admitted nor denied the regulators' charges that it used misleading sales material to promote the so-called ‘‘contractual plan'' mutual funds, but it did agree to be censured and to refrain from future violations of securities laws.

This is cache, read story here