Mayer Brown: regulatory focus, a reflection of the market growth

The Financial Industry Regulatory Authority (Finra) has added a reminder about registered indexed-linked annuities (Rilas) to the variable annuity section of its examination and risk monitoring priorities for 2023 report - the regulator is asking financial firms to be ready to show examiners their disclosure practices at the point of sale and wants to know if the products’ disclosures address buffer and cap rates, as well as market value adjustment risks. There has certainly been a lot o