Rule 151a Annuities

DEFERENCE TO THE RULEMAKER, NOT TO THE RULE: THE D.C. CIRCUIT ...
FIXED INDEXED ANNUITIES RULE IN AMERICAN EQUITY INVESTMENT LIFE INSURANCE CO. V. SEC. Abstract: On July 12, 2010, the U.S. Court of Appeals for the District of Co-lumbia Circuit, in . Rule 151A, however, made use of an unusual conception of invest- ... Access Content

(e)
On December 17, 2008, at the same time that the Securities and Exchange Commission approved the adoption of new Rule 151A regarding indexed annuities, it also approved adoption of new ... Return Doc

TALKING POINTS ASK YOUR REPRSENTATIVE TO CO-SPONSOR THE ...
The SEC’s new rule 151A turns Fixed Indexed Annuities – a very popular insurance product – into a registered security beginning in 2011. This regulation will harm my business, agents, and customers and possibly prevent me from selling these kinds of products in the future. ... View Full Source

SEC, STATE AND FINRA REGULATION OF INDEXED INSURANCE PRODUCTS ...
Proposed rule 151A would apply to annuities under which amounts payable by the insurance company are calculated by reference to the performance of a security. The proposed rule would define certain of those annuities (annuities under which amounts ... Return Document

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- Proposed Rule 151A will not provide a safe harbor under Section 3(a)(8) for annuity contracts that do not meet the ... View This Document

Rule 151A Update 051209
The lawsuit challenging Rule 151A was originally fi led in the United States Court of Appeals for the District of separates FIAs from traditional fi xed annuities is the risk that policyholders may not realize their expectation that ... Get Document

September 10, 2008 Securities And Exchange Commission
Proposed rule 151A would define indexed annuities as securities on a basis which is inconsistent with prior determinations of securities status and with commonly understood differences between insurance and securities. 2) ... Read Content

Uncertainty Reigns: The Status Of Indexed Universal Life ...
Select life annuities while those who have ter-minal diseases will take lump-sum settlements. Under most annuities, the insurance company also assumes mortality risk to the extent that a Rule 151A defines which EIAs cannot rely on the exclu- ... View This Document

Blog.gordonmarketing.com
The recent downturn in the stock market highlights the value of Fixed Indexed Annuities (FIAs). Proposed Rule 151A would turn FIA insurance products into securities – and thereby subject them to an unnecessary, additional layer of regulation. ... Retrieve Here

NAIFA Disappointed By SEC Reclassifying Indexed Annuities As ...
Annuities as Securities FALLS CHURCH, VA (December 17, Once Rule 151A goes into effect on January 12, 2001, the SEC and the Financial Industry Regulatory Authority (FINRA) will have authority over indexed annuity sales. Those who wish to ... Access Content

Annuities And The Securities And Exchange Commission Proposed ...
SEC Proposed Rule On Indexed Annuities (generally known as Rule 151A) On June 26, 2008, the SEC announced a proposed rule regarding equity indexed annuities.7 These annuities, as mentioned above, are a relatively new type of product ... View This Document

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. I believe that proposed Rule 151A addressing indexed annuities is rooted in good ... Read More

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. ... Access Doc

By Email: rule-comment@sec - North American Securities ...
2008) (release of proposed Rule 151A). NASAA appreciates the opportunity to express its Simplify and broaden the test for defining annuities covered by the rule. At the heart of the proposed rule is this test: ... View Full Source

Submitted 11/17/2010 Harkin Amendment And The Abrogation Of ...
Annuities to seniors.54 IV. Rule 151A: The SEC Regulates Indexed Annuities 48 See Schapiro ACLI Speech, supra note 11. 49 Richard Ketchum, Chairman & CEO, FINRA, Speech at the NAVA Government & Regulatory Affairs ... View Document

Its statutory authority in issuing Rule 151A, it found that the SEC’s analysis supporting the rulemaking was inadequate and remanded Rule 151A back to the SEC for further analysis.  Aviva believes Fixed Indexed Annuities (FIAs) ... Fetch Document

SEC Releases Final Rule On Indexed Annuities
Subject: SEC Releases Final Rule on Indexed Annuities Major References: Securities Act Release No. 33-8996 Prior AALU Washington Reports: 08-113; 08-59 rule 151A itself will not apply to indexed life insurance policies [footnote omitted], in which the ... Fetch This Document

Court Rules On The SEC’s Indexed Annuity Rule - Sutherland
Validity of Rule 151A under the Securities Act of 1933 (1933 Act). The court held that SEC’s interpretation of the term annuity contract, which effectively excludes fixed indexed annuities (FIAs) from the exemption in ... Fetch Document

Old Mutual Recognized For Fight Against Rule 151A
Regulate indexed annuities. Old Mutual’s general counsel, Eric Marhoun, is quoted in the article questioning the Additional Rule 151A Opposition Communications and sample letters based on our Talking points can be found in the 151A archive sect . ... Read Document