SEC to Regulate Equity-Index Annuities as Securities

March 2009
Journal of Financial Planning;Mar2009, Vol. 22 Issue 3, Special section p14
Academic Journal
The article reports that the U.S. Securities and Exchange Commission (SEC) decided to begin regulating the majority of equity-index annuities as securities, beginning in 2011. The SEC cited abusive sales practices as its reason for doing so. Judicial challenges to the ruling are expected. It would not affect traditional annuities.


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