The US SEC has proposed a tailored registration form for Rilas; Farmers debuts FIA; Salt Financial and Nasdaq expand vol control suite; and more.
The US Securities and Exchange Commission (SEC) will require new tailored disclosure requirements and offering processes for offerings of registered index-linked annuities (Rilas). Given the complexity and growing popularity of Rilas, it is important that investors receive the information they need – in plain English – to make informed investment decisions - Gary Gensler, SEC The amendments would highlight key information about Rilas, allow insurance companies to conduct RILA off
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