Thursday, February 19, 2009
States fight for right to regulate equity index annuities
When the Securities and Exchange Commission declared that equity index annuities are securities last year, it ignored the McCarran-Ferguson Act, which grants states the right to regulate the insurance industry, state insurance regulators and legislators told a U.S. appeals court Tuesday...
InvestmentNews: States fight for right to regulate equity index annuities
InvestmentNews: States fight for right to regulate equity index annuities