unexpected presence of a payee in an investment transaction

[Jack]

On 2016.06.14 17:36, aga wrote:
> On 14/06/16 20:59, Jack wrote:
>> I was tracking down a recent payment, and so was looking at the Payee
>> Veiw for a payee "MetLife".  Most of the transactions are plain  
>> checks.
>> However, there was one investment transaction.  It was for purchase  
>> of a
>> security "METLIFE INC     COM" with the funds coming from the default
>> brokerage account for that investment account.  Nowhere in the  
>> ledger do
>> I see any mention of the Payee MetLife.  (Yes, it's the same company  
>> - I
>> own shares in it, and pay it for insurance premiums - completely
>> unrelated activities.)  I have not yet dug into the actual KMY file,  
>> but
>> I'm really curious why there is any payee involved in a "buy shares"
>> transaction with no fees involved.  I believe all the relevant
>> transactions were imported by OFX, either direct connect or file  
>> import
>> (libofx, not aqbanking).
>> 
>> Any explanations?

> Was it a recent transaction?  There was a time when a payee was  
> required, but that was removed by popular request.

I actually found several more from 2014, but this one was just from  
this April.  However, if it matched to the older ones, I can see it  
would continue to use the same payee as the older transactions.  What I  
still find odd is that I don't see any way in the standard interface to  
remove it.  Will I have to manually edit the kmy file?