Proposed Rule
Registration for Index-Linked Annuities; Amendments to Form N-4 for Index-Linked and Variable Annuities
Overview
The Commission is proposing to amend the offering process and to create tailored disclosure requirements for registered index-linked annuities ("RILAs"). A RILA is a type of annuity contract that provides investors a return based on the performance of a market index. The proposed amendments would make the RILA offering process similar to other insurance investment products, enhance the information insurance companies disclose about RILAs, and would extend certain antifraud guidance to RILA advertisements. In connection with this rulemaking, the Commission engaged in investor testing to inform this proposal.
Resources
Details
Public Comments Due
Nov. 28, 2023
File Number
S7-16-23
Rule Type
Proposed
Release Number
33-11250
34-98624
IC-35028
SEC Issue Date
Sept. 29, 2023
Federal Register Publish Date
Oct. 13, 2023
Document Citation
88 FR 71088
RIN
3235-AN30
Public Comments