JordenBurt LLP
Contact us
JORDEN BURT ALERT: Proposed Revisions to NAIC Suitability in Annuity Transaction Model Regulation
May 27, 2009

On May 26, 2009, the NAIC's Suitability of Annuity Sales (A) Working Group issued a discussion draft of proposed revisions to its Suitability in Annuity Transactions Model Regulation. This draft incorporates the recommendations of the Training Subgroup and the Subgroup examining annuity sales not involving a recommendation. At the Spring 2009 National Meeting, the Suitability Working Group appointed these Subgroups to address major issues raised in comments to a prior discussion draft.

To read the Client Alert, click below:

     Proposed Revisions to NAIC Suitability in Annuity Transaction Model Regulation