FINRA Rule 2821 Update
This entry was posted on 3/31/2008 3:59 PM and is filed under FINRA.
The Financial Industry Regulatory Authority (FINRA) is still deciding how to handle supervision requirements for the variable annuity sales process. They hope to conclude the analysis of comments regarding the principal review provision and possibly make amendments to Rule 2821 soon.
They are also looking at the treatment of senior investors including the increasingly popular life settlement.