As noted in our November 4th Client Alert , the Florida Department of Financial Services ("DFS") recently approved Rule 69B-162.011, F.A.C. (the "Final Rule"), which requires the use of DFS annuity suitability and replacement comparison forms (the "DFS' Forms") in connection with sales of annuities to persons aged 65 and older. At the time of our November 4th Client Alert, the Rule's "effective date," as published on the Florida Administrative Weekly ("FAW") website, was November 15, 2009. The FAW website was updated and reflects that the Final Rule's effective date is December 25, 2009.

To read the Client Alert, click below: