The last few years have seen a number of regulatory initiatives which will have a significant impact on annuity products. These initiatives are advancing by state insurance regulators as well as the SEC.
In this Bottom Line videocast, Dodie Kent and Clifford Kirsch discuss:
- the continued emergence of registered index linked annuity products
- the NAIC’s amended Suitability Rule
- the SEC’s variable product summary prospectus and new disclosure regime rulemaking
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