Equity Indexed Annuities Rule 151a

Fixed Index Annuities - Annuity Think Tank - About Annuities ...
SEC proposed rule 151A is implicitly designed to interpose persons of equity-indexed annuities (EIAs) that are not registered under the federal securities laws Rule 3030 does not require that the firm supervise or even approve an outside business ... View Doc

American Equity Investment Life Insurance Company, Et Al., V ...
American Equity Investment Life Insurance Company, et al., v. Rule 151A was adopted by the SEC in April 2009 and purported to regulate indexed annuities under its authority to regulate securities. On July 21, 2009, the ... Fetch Here

SEC Releases Final Rule On Indexed Annuities
Will require the registration of typical equity indexed annuities. The SEC issued a press release on 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 ... Read Document

Court Rules On The SEC’s Indexed Annuity Rule - Sutherland
Validity of Rule 151A under the Securities Act of 1933 The court held that SEC’s interpretation of the term annuity contract, which effectively excludes fixed indexed annuities (FIAs) from the exemption in § 3(a)(8) of the 1933 1 American Equity Investment Life Insurance Company, ... Read Document

By Email: rule-comment@sec - North American Securities ...
Certain Equity-Indexed Annuities to Regulation Under the Federal Securities Laws 2008) (release of proposed Rule 151A). NASAA appreciates the opportunity to express its views on this matter of vital importance to our nation’s investors. ... Access Content

Spread-based Products In The Current Environment
Expect Rule 151A for Indexed Annuities Rule effectively requires securities registration for – Non-equity indexed products in focus 16 Open Questions Will there be sufficient capital for sales? Will compensation changes be permanent? ... Fetch Here

Old Mutual Recognized For Fight Against Rule 151A
Regulate indexed annuities. Old Mutual’s general counsel, co-Chaired by American Equity and Old Mutual, is focused on opposing Rule 151A. In response to requests from Additional Rule 151A Opposition Communications ... Access Content

CERTIFICATE AS TO PARTIES, RULINGS, AND RELATED CASES
Stated: “Complaints about equity indexed annuities represent less than 1/2 of 1% of the complaints received by the MIA’s Life and Health Unit.” JA 118 (emphasis Under Rule 151A, a purchaser bears sufficient risk to treat an FIA as a ... Retrieve Content

INDEXED AND OTHER FIXED INSURANCE PRODUCTS: SEC, FINRA AND ...
On equity-indexed annuities,” Investment News, June 23, 2010. 16 8. Rule of Construction This is particularly true in the case of indexed annuities that rule 151A defines as not “annuity contracts” – i.e., indexed annuities where the ... Access Full Source

Regarding Final Rule 151A: Indexed Annuities and Certain Other Insurance Contracts Open Meeting of the Securities & Exchange Commission December 17, 2008 Thank you, Chairman Cox. for Equity-Indexed Annuities, at 9 (2007) (‘‘NAIC ... Retrieve Document

BNA, INC. SECURITIES REGULATION & LAW - Sutherland
Refer to indexed annuities (or Rule 151A). As noted above, Section 989J operates as a safe har-bor (although that term is not used). equity-indexed annuities, expressed significant con-cerns over their marketing and their treatment or status ... Document Retrieval

III(a) BD - Annuities: Fixed, Indexed And Variable
The insurer also guarantees a minimum value to the purchaser.”5 Equity indexed annuities combine features of traditional insurance products (guaranteed minimum SEC RULE 151A - INDEXED ANNUITIES A. Background Indexed annuities were introduced in the mid-1990’s. ... Return Document

I am requesting you support the “Indexed Annuities and Insurance Products Classification Act of 2009.” This bill overturns Securities and Exchange Commission Rule 151A. American-Equity Last modified by: Andy Cope Created Date: 4/16/2009 5:03:00 PM ... Read Full Source

Opposition To SEC’s Proposed Rule 151A
Opposition to SEC’s Proposed Rule 151A Important message from Bruce Parker, CEO On August 19th, Old Mutual and American Equity filed an Extension Request with the Securities and that issue fixed indexed annuities. This formal Extension Request complements that of other industry ... Fetch This Document

SEC, STATE AND FINRA REGULATION OF INDEXED INSURANCE PRODUCTS ...
Products other than indexed annuities. 39 SEC Rule 151A Proposing Release, supra note 1, at 46 (footnote omitted; emphasis added). 95 “Regulators Target Equity-Indexed Annuities,” Financial Advisor Magazine (Sept. 23, 2005). ... Retrieve Here

The Florida Senate BILL ANALYSIS AND FISCAL IMPACT STATEMENT
Equity Indexed Annuities – An equity indexed annuity is a hybrid of a fixed and a variable annuity. adopted Rule 151A, which classifies equity indexed annuities as securities and applies federal securities laws to them if the amounts ... View Document

Appellate Court Upholds Challenge To SEC Regulation Of Fixed ...
Indexed Annuities (“FIAs”) Major References: American Equity Investment Life Insurance Company v. Securities And . Exchange Commission, __ F.3d __, No. 09-1021 (D.C. Cir. July 12, SEC Rule 151A states that fixed indexed annuities ... View Document