Wednesday, December 17, 2008

 

SEC Annuities Hearing Today

Dec. 17 is the big day for indexed annuities and the entire industry built around them.

The Securities and Exchange Commission plans a hearing expected to be on proposed Rule 151A, which would treat indexed annuities as securities. It is not known for certain that is the intent because the SEC will not return phone calls for clarification.

SEC Annuities Hearing Today
Source: Insurance News Net

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