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: Structured Settlements 4Real

Barney's "Legs" No Trouble For Business Of Life Insurance

By John Darer

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House Financial Services Committee Chairman Barney Frank (D-MA) has introduced legislation (H.R. 3126) as part of the Obama financial services reform blueprint by creating the Consumer Financial Protection Agency.  Like the draft legislative language that the Administration previously released, H.R. 3126 would generally exclude the business of life insurance and those regulated by the SEC from CFPA oversight.

Should we presume that life insurance includes annuities?

Full post as published by Structured Settlements 4Real on July 10, 2009 (boomark / email).

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