Now that renewal season is over, can you confirm your firm and its advisor representatives were properly renewed for 2007? It seems like every year there are always a handful of firms that fail to submit renewal fees through the IARD system in a timely fashion. Therefore, even if you think the renewal payment was [...]
Monthly Archives January 2007
EIAs in Spotlight
For those of you following the debate over whether an equity-indexed annuity is a security or insurance product, there’s an article on the subject in the January issue of Registered Representative magazine. As we’ve discussed before, many state securities regulators are classifying an insurance licensed only agent selling equity-indexed annuities (“EIAs”) as an unregistered investment [...]
