12-17-08
The Securities And Exchange Commission approved Rule 151a by vote of four to one.
Traditional fixed annuities will not be regulated as securities.
There was no noticeable index annuity industry representative opposing the SEC’s proposed rule 151A which does now turn fixed indexed annuities
(FIAs) into securities products.
www.annuitydefinition.com
The Securities And Exchange Commission approved Rule 151a by vote of four to one.
Traditional fixed annuities will not be regulated as securities.
There was no noticeable index annuity industry representative opposing the SEC’s proposed rule 151A which does now turn fixed indexed annuities
(FIAs) into securities products.
www.annuitydefinition.com
