The SEC has adopted a new registration form and introduced advertisement amendments for registered index-linked annuities (Rilas) after nine months.
The new rule will require insurance companies to register their offerings on Form N-4 for non-variable annuities, which comprise both Rilas and registered market value adjustment annuities (registered MVA annuities), according to the US Securities and Exchange Commission (SEC). Form N-4, which is currently used to register offerings of most variable annuities, will be amended to address the features and risks of Rilas to help investors better understand these &lsqu