Friday, August 04, 2006
NASD Amends Controversial Deferred VA Rule
Although NASD has amended a controversial proposal that would boost standards involving the sale of deferred variable annuities, some industry interests continue to put up a fight.
In comment letters filed last month, more than 100 industry representatives took shots at the latest changes to a proposal that would require sellers of deferred variable annuities to meet special suitability requirements.
NASD Amends Controversial Deferred VA Rule
Source: Investment News (subscription required)
In comment letters filed last month, more than 100 industry representatives took shots at the latest changes to a proposal that would require sellers of deferred variable annuities to meet special suitability requirements.
NASD Amends Controversial Deferred VA Rule
Source: Investment News (subscription required)