NAIC Suitability of Annuity Sales Working Group Issues Discussion Drafts For Comment By June 8

May 26, 2009

The National Association of Insurance Commissioners (“NAIC”) Suitability of Annuity Sales Working Group issued an updated discussion draft on proposed revisions to the Suitability in Annuity Transactions Model Regulation.  This discussion draft, which is attached, reflects changes made by the Working Group’s two Subgroups and comments received on the March 12, 2009, discussion draft.

All comments received on the updated draft will be discussed during the Working Group meeting on Saturday, June 13, from 11:30 a.m. through 1:00 p.m. at the NAIC Summer 2009 National Meeting in Minneapolis.  To view the other open Working Group discussion drafts, click here.

Please send any comments on the discussion drafts to Jolie Matthews (jmatthew@naic.org) by Monday, June 8.

 

Should you have any questions or comments, please contact Colodny Fass.

 

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