03.07.23
More States Adopt Reg BI-Compatible Annuity Sales Standards
by: Allison Bell
Georgia, Illinois and Tennessee have adopted an annuity sales standard update developed by the National Association of Insurance Commissioners (NAIC). The NAIC designed the update to complement the U.S. Securities and Exchange Commission’s Regulation Best Interest sales standard. At least 33 states have now adopted the updated standards.
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