Index Annuity Regulated As A Security - Rule 151a Adopted by the SEC

12-17-08

The Securities And Exchange Commission approved Rule 151a by vote of four to one.

Traditional fixed annuities will not be regulated as securities.

There was no noticeable index annuity industry representative opposing the
,SEC’s proposed rule 151A which now turn fixed indexed annuities
(FIAs) into securities products.

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