Bill Could Kill SEC’s New Index-Linked Annuity Registration Rule

October 1, 2024 by Allison Bell

A member of Congress wants to cancel the U.S. Securities and Exchange Commission’s new registration system for registered index-linked annuities and annuities with market-value-adjustment features.

Rep. Gary Palmer, R-Ala., has introduced House Joint Resolution 209, a measure that would express congressional disapproval of the SEC’s new RILA and MVA registration regulations. Congressional adoption of the resolution would overturn the regulations.

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Originally Posted at Think Advisor on September 30, 2024 by Allison Bell.