State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Compact Team Eyes Indexed-Linked Features
By staff WriterProviding an annuity crediting feature through an insurance company's general account is different from providing the same type of feature through a separate account.
July 12, 2010
...is Paved with Good IntentionsImagine a regulation that, implemented for the purpose of protecting consumers, actually has the opposite effect.
July 12, 2010
Sigh of Relief for EIA SellersFor months, regulators from the SEC have sought to extend that agency's regulatory authority to cover the sale of equity indexed annuities, on the grounds that EIAs derive their value from market movements and as such, are not true insurance products.
July 11, 2010
...is Paved with Good IntentionsImagine a regulation that, implemented for the purpose of protecting consumers, actually has the opposite effect.
July 11, 2010
Sigh of Relief for EIA SellersFor months, regulators from the SEC have sought to extend that agency's regulatory authority to cover the sale of equity indexed annuities, on the grounds that EIAs derive their value from market movements and as such, are not true insurance products.
June 24, 2010
No Buyers For Troubled Insurer's Fla. LTC BusinessNational States Insurance Co., St. Louis, has prospective buyers for its life and Medicare supplement policies but can't find insurers interested in its Florida long term care policies.
June 24, 2010
House, Senate Agree to Retain State Oversight of EIAsHouse conferees agreed Thursday, June 24, with the Senate in passing the amendment offered by Senator Tom Harkin's (D-Iowa) which retained state regulation of equity-indexed annuities (EIAs).
June 24, 2010
EIAs To Remain State RegulatedConferees on financial services regulation today agreed to keep equity indexed annuities state-regulated.