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SEC Changes Coming to Registered Annuities?

An SEC proposal would update registration, disclosure, and advertising requirements for RILAs.
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The SEC has issued a proposal that would update registration, disclosure, and advertising requirements for registered index-linked annuities (RILAs). New details to be included on an updated Form N-4 would include RILA risks and features. If approved, RILA offerings would be handled more like variable annuity offerings. This article provides details on Form N-4 changes and other updates.

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