On December 21, 2009, the Life Insurance and Annuities (A) Committee (the "A Committee") unanimously adopted the revisions to the Suitability in Annuity Transactions Model Regulation (the "Suitability Regulation") developed in substance by the Suitability in Annuity Sales Working Group (the "Working Group"). The Working Group proposed a December 1, 2009 draft of the revisions at the December 6, 2009 meeting of the A Committee in San Francisco.

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