Wednesday, November 09, 2005
NASD likely to amend VA suitability proposal
One of the most controversial provisions of NASD's variable annuity suitability rule will likely be dropped, an official said Friday.
NASD of Washington is "looking to eliminate" a provision requiring supervisors to review recommendations made by registered representatives, said Lawrence Kosciulek, associate director of investment companies regulation for NASD Regulation Inc. of Rockville, Md.
NASD likely to amend VA suitability proposal
Source: Investment News (subscription required)
NASD of Washington is "looking to eliminate" a provision requiring supervisors to review recommendations made by registered representatives, said Lawrence Kosciulek, associate director of investment companies regulation for NASD Regulation Inc. of Rockville, Md.
NASD likely to amend VA suitability proposal
Source: Investment News (subscription required)
Permalink posted by armandn @ 12:55 PM 
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