From: S. Mark Weeks |
S. Mark Weeks August 6, 2005 Jonathan G. Katz Jonathan Katz: I am an insurance proffesional, i provide variable annuities to my clients in the proper situations and aleady have a full disclosure document, I feel that duplication of one more document is on no value to the industry or the client, NASD rules already contain general suitabilty rules and anyone that would mislead a client should be prosecuted for such action. I believe that the NASD already does a great job of regulation and I see no reason to single out VA over any other mutual fund or any other kind of investment.
Thank you for the chance to respond.
Sincerely,
S. Mark Weeks LUTCF, CLU |