More States Moving to Adopt NAIC Model Annuity Rule
October 28, 2020 by Melanie Waddell
More states are moving toward adopting the National Association of Insurance Commissioners’ revised Suitability in Annuity Transactions model regulation, which aligns with the Securities and Exchange Commission’s Regulation Best Interest.
Arizona and Iowa have already adopted the model rule, while Kentucky, Michigan, Nevada and Ohio are mulling the idea.
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Originally Posted at ThinkAdvisor on October 23, 2020 by Melanie Waddell.
Categories: Industry Articles