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SEC Extends Comment Period on Variable Annuity and Life Insurance Contracts

The SEC extended, until March 15, 2019, the comment period for its proposed rules and form amendments to improve disclosures for purchasers of variable annuities and variable life insurance contracts. The initial comment period deadline was February 15, 2019. (See here for previous coverage on the proposed rules and form amendments.)

Primary Sources

  1. SEC Press Release: SEC Extends Comment Period for Rulemaking Proposal regarding Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts
  2. SEC: Extension of Comment Period for Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts

Tags

Regulated Products
Insurance Related Securities (Annuities)
Jurisdiction
US - Federal
Organization
SEC