151a Indexed Annuities

SEC, STATE AND FINRA REGULATION OF INDEXED INSURANCE PRODUCTS ...
In 2010, vacated4 Rule 151A, because the SEC 3 Indexed Annuities and Certain Other Insurance Contracts, Securities Act Release No. 8996 and Securities Exchange Act Release No. 59221 at 47-48 (Jan. 8, 2009) (adopting Rule 151A) [hereinafter SEC Rule 151A ... Fetch Content

SEC Final Rule: Indexed Annuities And Certain Other Insurance ...
The case of indexed annuities that rule 151A defines as not “annuity contracts” -- i.e., indexed annuities where the purchaser is more likely than not to receive securities-linked returns. It would be inconsistent with the character of such an indexed annuity, and ... Return Document

August 3, 2009
The Fate of Fixed Indexed Annuities and Rule 151A . August 3, 2009 . On July 21, the U.S. Court of Appeals for the District of Columbia Circuit issued its opinion in American Equity ... Read Here

Annuities And The Securities And Exchange Commission Proposed ...
That would effectively reclassify equity indexed annuities as a security product in addition to being an insurance product. SEC Proposed Rule On Indexed Annuities (generally known as Rule 151A) On June 26, 2008, the SEC announced a proposed rule regarding equity indexed ... Visit Document

1 Attorney Advertisement December 19, 2008 Update – SEC Regulation of Indexed Annuities On December 17, 2008, the SEC approved Rule 151A granting the SEC the authority to regulate certain indexed ... Access Content

News Bulletin September 3, 2008 SEC Regulation Of Indexed ...
1 Attorney Advertisement News Bulletin September 3, 2008 SEC Regulation of Indexed Annuities? On June 26, 2008, the Securities and Exchange Commission (the “SEC”) published proposed Rules 151A and 12h- ... Access Full Source

151A: Changing The Debate
Our industry sold more than $25 billion in Fixed Indexed Annuities (FIAs) last year. The buyers included issues swirling around 151A, discuss the merits of the fixed indexed annuity and encourage your clients to get involved in the debate. ... Get Document

NAIFA Disappointed By SEC Reclassifying Indexed Annuities As ...
FOR IMMEDIATE RELEASE CONTACT: Lee Allen, Vice President of Communications and Marketing, NAIFA (703) 770-8112 (office) (703) 336-2462 (mobile) ... Fetch This Document

INDEXED AND OTHER FIXED INSURANCE PRODUCTS: SEC, FINRA AND ...
Proposing Rule 151A, Indexed Annuities and Certain Other Insurance Contracts, SEC Securities Act Release No. 8933 and Securities Exchange Act Release No. 58022 (June 25, 2008) [hereinafter SEC Rule 151A Proposing Release]. ... View This Document

SEC Releases Final Rule On Indexed Annuities
Indexed annuities should be subject to any additional legal risk relating to their past offers and sales of the pending effectiveness of Rule 151A; and • An indexed annuity issuer that wishes to register a contract that will not be an "annuity contract" or ... View Full Source

Uncertainty Reigns: The Status Of Indexed Universal Life ...
After Rule 151A I by Michael Berenson and Christopher Menconi ance and indexed annuities share certain features ( e.g., securities-linked returns). 6 It is the second sentence that has created uncer-tainty at several levels of the analysis. ... View Doc

I am requesting you support the “Indexed Annuities and Insurance Products Classification Act of 2009.” This bill overturns Securities and Exchange Commission Rule 151A. ... Content Retrieval

TALKING POINTS ASK YOUR REPRSENTATIVE TO CO-SPONSOR THE ...
- 1 - Doc# 2911465\1 TALKING POINTS ASK YOUR REPRSENTATIVE TO CO-SPONSOR THE “INDEXED ANNUITIES AND INSURANCE PRODUCTS ACT OF 2009” I am calling today to ask that you consider becoming a cosponsor of important legislation – being ... Retrieve Content

III(a) BD - Annuities: Fixed, Indexed And Variable
If Rule 151A takes effect, indexed annuities sold after January 12, 2011 will be treated as securities and regulated by FINRA and the SEC. In addition, they may continue to be regulated by state insurance commissions as insurance products. B. ... View This Document

SECURITIES AND EXCHANGE COMMISSION 17 CFR Parts 230 And 240 ...
Registered, thereby increasing competition among distributors of indexed annuities. Proposed rule 151A might have some negative effects on competition. In order to issue indexed annuities that are outside the insurance exemption under proposed rule ... View Document

SEC Regulation Of Indexed Annuities - Sullivan & Cromwell LLP
Indexed Annuities and Rule 151A In the mid-1990s, life insurance companies began to offer indexed annuities (also known as fixed index annuities, classified index annuities or equity-linked annuities). Indexed annuities are insurance products ... Access Document

Opening Remarks And Dissent; Commissioner Troy A. Paredes
Opening Remarks and Dissent by Commissioner Troy A. Paredes Regarding Final Rule 151A: Indexed Annuities and Certain Other Insurance Contracts ... Retrieve Full Source

Rule 151A requires that fixed indexed annuities, which until now have been within the exclusive jurisdiction of state insurance regulators, be registered as securities with the SEC. The rule exceeds the SEC’s statutory authority and was adopted in violation of the ... Get Content Here