Hot Annuities Face SEC Form Reviewers

November 8, 2022 by Allison Bell

A Securities and Exchange Commission form reviewer said Thursday that he wants to make sure life insurers give investors a clear picture of how their registered index-linked annuity contracts will work.

Michael Kosoff, an attorney on the staff of the SEC’s Division of Investment Management, talked about how that goal affects RILA filing approvals at the Life Insurance Products Conference, held recently in Washington, D.C. Organized by the American Law Institute Continuing Legal Education, the conference attracted faculty members from major law firms, the SEC and FINRA.

Click HERE to read the full story via ThinkAdvisor

Originally Posted at ThinkAdvisor on November 7, 2022 by Allison Bell.