Friday, April 27, 2007

 

NASD Amends Its Proposed VA Sales Rule Again But Some Objections Remain

For the fourth time, the NASD has amended its pending regulation (proposed Rule 2821) covering the sale of variable annuities.

According to the Financial Services Institute (FSI), the latest version of the controversial Variable Annuity Sales Practice & Supervisory Standards Rule has two important changes.

NASD Amends Its Proposed VA Sales Rule Again But Some Objections Remain
Source: Insurance News Net

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