Wednesday, July 22, 2009
US court orders SEC to reconsider annuity rule
A U.S. appeals court ordered the Securities and Exchange Commission to reconsider a rule it adopted in the final weeks of the Bush administration to expand scrutiny over annuities linked to equity indexes... [the] ruling issued on Tuesday that the SEC "failed to properly consider the effect of the rule upon efficiency, competition and capital formation..."
Reuters: US court orders SEC to reconsider annuity rule
Reuters: US court orders SEC to reconsider annuity rule
Permalink posted by markw @ 4:50 AM 
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