1099 Import issue

During the import of my 1099 investment sales transactions, those investments with "S&P" in the name had the name replaced by the letter "P".  Why isn't the "&" allowed?

 

See the turbotax message below:

! Avoid using symbols like ', ", &, <, and >.
Example:  20 shares of XYZ company.

 

Is the above limitation/restriction clearly communicated to the financial businesses that produce the 1099 sales transactions?

 

 

Thanks for the Help.

Gary