The proposal would amend New York's existing suitability rules
beyond those covered by the federal U.
While Keating was head of the ACLI, he played a prominent role in shaping the product suitability rules
that now govern the annuity sales process.
However, the DOL rule will only apply to qualified money while non-qualified money will remain under state suitability rules
, creating confusing scenarios in which advisors and carriers will have to wear two sets of compliance hats.
If there are any illegal acts conducted by officers of listed companies that are proven true, this could have an impact on any application for listings of such company in the context of our suitability rules
That was the case with Selah Financial, she said, particularly when it came to FINRA's recently finalized and complex suitability rules
It's the 5 percent that end up on my desk and force us to take action at the state level and also to address new suitability rules
at the NAIC.
Land suitability rules
comprising soil, climate and landscape parameters were developed by TIA for 20 different enterprises using a four-class (well-suited, suitable, moderately suited, unsuited) most-limiting factor approach (Klingebiel and Montgomery 1961).
See Dan Jamieson, New Finra Suitability Rules
Producers are scared about compliance and suitability rules
That section states that the Commission [SEC] shall treat as an exempt security under Section 3(a)(8) of the 1933 act "any insurance or endowment policy or annuity contract or optional annuity contract" that isn't a variable contract and that, if issued on or after June 16, 2013, is issued by an insurer that has adopted suitability rules
at least as stringent at the NAIC Suitability in Annuity Transaction Model Reg #275 of 2010 and any successor thereto.
The suitability rules
applying to VAs were generally stricter than those applying to fixed annuities.
for the location of future growth are specified using a PSGM table interface.