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: FinancialCounselSecurities Regulator Proposes To Improve The Accuracy Of Communications Regarding Variable Insurance Products
By James Eccleston
FINRA (the Financial Industry Regulatory Authority) has filed Regulatory Notice 08-39 for public comment. Among other things, FINRA proposes to improve the manner in which variable insurance products are advertised, particularly with regard to guarantees and riders, performance illustrations and investment analysis tools. The proposal, if approved, will better protect the public when considering whether or not to purchase these often-confusing products. Let?s examine the more important parts of FINRA?s proposal.
Full post as published by FinancialCounsel on August 07, 2008 (boomark / email).
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