SEC Grants Waiver of Ineligible Issuer Status to AEGON N.V.
The SEC granted relief to AEGON N.V. ("AEGON") and its subsidiary, Transamerica Financial Advisors, Inc. ("TFA"), from being considered an "ineligible issuer" under Securities Act Rule 405(1)(vi) ("Definitions of Terms").
AEGON requested the relief due to an April 3, 2014 SEC Order, which requires TFA to cease and desist from committing or causing any violations, and any future violations of Investment Advisers Act Sections 206(2), 206(4) ("Prohibited Transactions by Investment Advisers") and 207 ("Material Misstatements") and Rule 206(4)-7 ("Compliance Procedures and Practices").
See: SEC Letter to AEGON N.V.