Friday, September 25, 2009
US Regulators: Life-Settlement Industry Needs More Oversight
A growing corner of the insurance market, in which people collect cash for selling their life-insurance contracts, requires more scrutiny, state and federal regulators will testify in a U.S. House hearing Thursday.
Greater oversight is particularly needed because Wall Street firms have begun to securitize the financial product, known as life-insurance settlements...
WSJ: US Regulators: Life-Settlement Industry Needs More Oversight (Subscription required)
Greater oversight is particularly needed because Wall Street firms have begun to securitize the financial product, known as life-insurance settlements...
WSJ: US Regulators: Life-Settlement Industry Needs More Oversight (Subscription required)
Permalink posted by markw @ 10:29 AM 
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