On June 16, 2009, the Florida Department of Financial Services ("DFS") held a public hearing on its proposed Rule 69B-162.011 - "Suitability and Disclosure in Annuity Contract - Forms Required." The proposed Rule seeks to adopt an "Annuity Suitability Questionnaire" form and a "Disclosure and Comparison of Annuity Contracts" form (collectively, the "Forms") to be used when an insurance agent sells an annuity to a senior consumer. The proposed Rule and Forms are required by F.S. 627.4554 (the "Statute").

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