March 15, 2010
Rule 151A Organizers: There is Still Time to Join Us
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March 15, 2010
FIA Fly-In: Producer Hopes to Spread Awareness
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March 15, 2010
NAFA Rule 151A Fly-In
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March 2, 2010
NAFA Fly-In to Promote Annuity Bill to Senators
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Feb. 19, 2010
For Annuities, Another Salvo Against Regulation
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Feb. 5, 2010
VA Company Asks Court to Toss 151A
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Feb. 1, 2010
Indexed Annuities and Rule 151A: Where Are We Now?
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Jan. 4, 2010
Annuities Face Uncertain Future If Rule 151A Goes Through
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Dec. 10, 2009
SEC Proposes Two-Year Stay on Rule 151A on Regulating Annuities as Securities
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For Now, SEC Shifts Gaze from Indexed Annuities
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Dec. 9, 2009
SEC Offers to Delay 151A Implementation
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SEC Agrees to Two-Year Stay on Indexed Annuities Rule
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July 21, 2009
U.S. Court Orders SEC to Reconsider Annuity Rule
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July 1, 2009
Meeks-Price Legislation Now Has Senate Companion Bill
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June 12, 2009
NAFA: Senate Companion Bill for Meeks-Price Legistlation in Progress
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June 8, 2009
Meeks-Price Bill Introduced
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June 3, 2009
Update on Meeks-Price Legislation
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May 18, 2009
Case Against SEC’s Rule 151A Now In Hands Of The Court
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May 8, 2009
EIA Oral Arguments Begin
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May 7, 2009
NAFA: Rule 151A Bill is Coming
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May 1, 2009
Rep. Meeks Notice to Members of Congress
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April 29, 2009
NAIC Supports Meeks Legislation
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April 22, 2009
NAIC Fires Back on EIAs
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April 20, 2009
SEC: Our Move on Index Annuities is “Reasonable”
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March 20, 2009
Rep Gregory Meeks’ Indexed Annuities and Insurance Products Classification Act of 2009
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February 27, 2009
Motion of Amicus, Allianz Life Insurance Company of North America, for Leave to File Memorandum in Support of Petitioners
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February 17, 2009
Opening brief of NAIC
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January 19, 2009
Insurance Companies, IMOs, File 151A Suit Against SEC
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January 17, 2009
Iowa Insurers Join Lawsuit Over SEC's New Rule on Annuities
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December 17, 2008
SEC Will Regulate Certain Index Annuities as Securities
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November 17, 2008
NAFA and the economic impact of 151A
Economic Impact Analysis of Proposed Rule 151A
Comment Cover
Comments on Dr. McCann's Analysis Submitted as Part of NASAA's Comment Letter to the SEC
October 14, 2008
SEC Extends 151A Comment Period
The Securities and Exchange Commission (SEC) has extended its comment period for proposed Rule 151A. Originally set for Sept. 10, the deadline was contested by many industry players and Congress people, who wrote to the SEC requesting an extension. At the time, that extension was not granted, though an SEC spokesman said the Commission would continue to take into consideration any letters that came in during their review process.
The SEC has announced the new comment period will end 30 days from the notice’s publication in the Federal Register. Kim O’Brien, executive director of the National Association for Fixed Annuities (NAFA), said that publication will likely be made the week of Oct. 20.
A release by the Commission indicated their decision was made primarily on the basis of the feedback they received.
“The Commission has received numerous letters, including from state insurance commissioners, members of Congress, and others, requesting that the comment period be extended,” the release read. “In general, these commenters indicated that an extension would help them analyze the proposal and prepare meaningful comments. In order to provide additional time for the public to thoroughly consider the proposal, and in view of the significant continuing public interest in the proposal, the Commission believes that it is appropriate to reopen the comment period.”
NAFA has said they will use the additional time to complete an economic interest analysis and obtain a statement of authority on the analysis from an independent third party.
Those wishing to comment on the proposed rule, which would reclassify index annuities as securities, may do so in several ways:
- Use the Commission’s Internet submission form at www.sec.gov/rules/proposed.shtml
- Send an email to
rule-comments@sec.gov
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(include “File No. S7-14-08” in the subject line)
- Use the Federal eRulemaking Portal (www.regulations.gov), following the instructions for submitting comments
- Send paper comments in triplicate to Florence E. Harmon, Acting Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090
All comments should refer to File No. S7-14-08. The Commission has asked commenters to use only one method in order to help them process comments more efficiently.
For further information from the SEC, contact Keith E. Carpenter, senior special counsel, Office of Disclosure and Insurance Product Regulation, Division of Investment Management, at 202-551-6795, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-5720.
September 11, 2008
NAFA Responds to Proposed Rule 151A, Discusses SEC’s Failure to Extend Comment Period
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September 8, 2008
Furor Builds on SEC Indexed Annuity Oversight Plan
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September 7, 2008
Indexed Annuities Draw Fire
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August 27, 2008
NAILBA's Response to 151A”
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August 21, 2008
NAIFA Board Votes to Oppose SEC Proposal on Indexed Annuities
NAIFA Press Release
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August 18, 2008
Sales of Indexed Annuities Under Increased Scrutiny — Oak Harbor Couple Felt They Were Misled by Insurance Agent
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August 16, 2008
SEC Weighs Overhaul of 'Index' Annuities
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August 11, 2008
SEC Asked to Extend Comment Period on Index Annuity Rule
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August 7, 2008
Battle Looms on Indexed Annuities
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August 5, 2008
With Annuity Sales Down, Allianz Cuts 100 Workers
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Aviva USA to Seek Continued State Regulation of Indexed Annuities
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A Pragmatist’s Guide To The SEC’s Proposed Rule 151A
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July 31, 2008
State Regulator, SEC Chair Talk Annuities
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July 28, 2008
Annuity Sales to Elderly Worry Regulators
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SEC Seeks To Regulate Indexed Annuities Agents
[Editor’s note: Article quotes Chad Tope, senior vice president of annuities distribution, ING]
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Allianz Life Chief: Licensing a Tough Call Under Proposed Rule on Indexed Annuities
[Editor’s note: Article quotes Gary Bhojwani, president and chief executive officer of Allianz Life]
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July 24, 2008
A.M. Best Comments on Securities and Exchange Commission's Proposal to Regulate Indexed Annuities as Securities
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Many Planners Pan Equity-Indexed Annuities
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July 22, 2008
Agents Express Concern About Higher Costs and Loss of Control over Production
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State Insurance Regulators are Angry About EIA Proposal
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July 8, 2008
Buying Protection, but at a High Price
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June 26, 2008
W.D.M. Insurer Vows to Fight Annuities Plan
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American Equity Shares Slump on SEC Decision
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Voss Calls for Teamwork As SEC Airs Proposal
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June 25, 2008
SEC Proposes That Some Annuities Be Deemed Securities
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SEC May Reclassify Some Indexed Annuities
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UPDATE 1-US SEC Wants to Oversee Equity Indexed Annuities
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SEC May Extend Authority to Annuities
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SEC OKs Proposed Annuity Rule
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