JORDEN BURT ALERT: New York Insurance Department Says "Synthetic Annuity" is Financial Guaranty Insurance
July 14, 2009
The Office of General Counsel of the New York Insurance Department released Opinion Number 09-06-11 holding that a "synthetic annuity" is an impermissible form of financial guaranty insurance.
To read the Client Alert, click below:
New York Insurance Department Says "Synthetic Annuity" is Financial Guaranty Insurance
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