November 13, 2008
SEC:
Please regulate Indexed Annuities more!! I cannot tell you how many times I have sat down with folks that have been referred to me that own these things that simply do not understand what they have. The liquidity and complexity of the product really demands that more experienced/licensed/regulated advisors are selling them. I think they could certainly have there place but they are largely not understood by those that purchase them. Consumers need your help on this one!!!!
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Kimberly K. Maez, CFP®
Senior Financial Advisor
An Ameriprise Platinum Financial Services® practice
Ameriprise Financial