Finra Annuities Suitability

Regulation And Compliance—Variable Annuities
The Financial Industry Regulatory Authority (FINRA) has long had variable annuities (VAs) on its “radar screen.” supervision and suitability. Exchanges of annuities, which often result in the payment of new commissions to the seller and ... Doc Retrieval

New Suitability Requirements For The Sale Of Deferred ...
1 New Suitability Requirements for the Sale of Deferred Variable Annuities FINRA RULE 2821 FINALIZED On September 7, 2007, the Securities and Exchange ... Doc Retrieval

Suitability In Annuity Transactions - TN.gov - Tennessee ...
Provide insurance products, including annuities; (5) “Insurance producer” means a person required to be licensed under the laws of this (FINRA), pertaining to suitability shall satisfy the requirements under this Rule for the recommendation of variable annuities. ... Fetch Document

Continuing Education Planning
FINRA offers the following online training resources that address many of the • Variable Annuities: Suitability and Disclosure for New Purchases (E-Learning) Municipal Securities • Municipal Continuing Disclosure Report (Podcast) ... Document Retrieval

Practising Law Institute The ABCs Of Broker/Dealer Regulation ...
FINRA views variable annuities as complex products that have both insurance and securities features and are difficult for many investors to fully understand. The suitability of variable annuities transactions also is subject to state insurance regulations. For ... Content Retrieval

Securing The Future! NAFA Principles On Suitability
Both FINRA Conduct Rule 2310 and the Model Regulation annuities. This paper discusses suitability considerations involved in fixed annuity sales and offers guidance in shaping the development of suitability recommendations, review ... Retrieve Content

ALI-ABA Course Of Study FINRA/SEC Compliance And Enforcement ...
The suitability doctrine to annuities has been at t he forefront of this regulatory activity. In this outline we examine, in turn, the relevant regu latory framework applying to annuity FINRA s suitability r ule, a broker- ... Doc Retrieval

Carrier Specific Annuity Suitability Requirements
Suitability analysis for recommended purchases of non‐registered annuities in accordance with FINRA Rules. There are changes to the Suitability Profile form ... Access Full Source

Fixed Index Annuities - Annuity Think Tank - About Annuities ...
Material, suitability analysis, and other sales practices associated with the recommendation of unregistered Index Annuities. FINRA communicated that if a registered product is sold to facilitate a FIA purchase, the ... Visit Document

Suitability In Annuity Transactions - CT.gov Portal
In the sale of annuities for producers. All interested persons are invited to submit written data, views or arguments in compliance with FINRA requirements pertaining to suitability satisfy this regulation if the suitability supervision is similar. ... View Full Source

FIRM ELEMENT TRAINING - Welcome To STCUSA | Securities ...
New FINRA Suitability Rules NEW FOR 2013 The new FINRA Know Your Customer and Deferred Variable Annuities: Suitability And Supervision (Rule 2330) Complexity and popularity make variable annuities an important issue on the regu-latory agenda. ... Fetch Content

Annuity Sales Supervision Advisory Committee
Suitability regulations applicable; established new training requirements for producers to supervise the sale of equity-indexed annuities. FINRA hopes that the states will consider its robust examination program as they put suitability rules in place. ... Access This Document

Annuity Suitability - California Department Of Insurance
With regard to the suitability of annuity product recommendations; Identify and discuss variable annuities - 10% 8 20 4 V.VI. Required disclosures Prospectus 2. Financial Industry Regulatory Authority (FINRA) B. Typically common contract provisions 1. General vs. separate ... View Document

INVEStmENt PRoduCtS & SERVICES AdVISoRy - Alston & Bird LLP
SEC Approves FINRA’s Variable Annuities Rule The SEC announced on Monday September 10, 2007, that is has approved a new Financial Industry Regulatory Authority • imposes a specific suitability obligation for the sale or exchange of deferred ... View Document

Variable annuities And Sales Practices -- Lessons For Compliance
Suitability analysis. Recent FINRA examinations of member firms selling variable contracts found that the inappropriate Variable annuities and sales practices -- lessons for compliance Aug 12 2010 Martin Orbach Page 1 of 3 ... Retrieve Full Source

1177 STATE OF CONNECTICUT Page REGULATION - CT.gov Portal
Annuities.]sections 38a-432a-1 to 38a-432a-8, inclusive, of the Regulations of connecticut State Agencies. made in compliance with FINRA requirements pertaining to suitability satisfy this regulation if the suitability supervision is similar. ... View Doc

The Direction Of Annuity Suitability Regulation
The Direction of Annuity Suitability Regulation For companies writing annuities, the questions are: What did Penn Life do to warrant the largest forfeiture ever ordered by OCI? (FINRA), the Iowa Insurance Department and ... Get Document