September 4, 2008
the SEC is right.......both indexed Universal Life and Indexed Annuities should be regulated as securities....As a former regional sales director for Midland National Life...i have seen 1st hand the abuse of many clients old and young alike.
thanks....
glenn hubbard
P.S. there is snake oil out there and the states have failed miserably to protect the average insurance consumer
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Glenn Hubbard
Advisors Financial Group