SEC finalizes rule altering registration of index-linked annuities

July 3, 2024 by Courtney Degen

The SEC finalized a rule that will create a tailored registration form for registered index-linked annuities, or RILAs.

“Sales of RILAs reached approximately $47.4 billion in 2023 alone, more than quintupling since 2017,” SEC Chair Gary Gensler said in a news release July 1. “It is important that investors receive the information they need — in plain English — to make informed investment decisions. These amendments will improve the disclosure process for these complex products to benefit investors.”

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Originally Posted at Pensions & Investments on July 2, 2024 by Courtney Degen.