No more regs needed for STATs: B-D exec
Unlike its life insurance counterpart, STATs also have the assumed liability of the broker-dealer writing such business
Amid calls for tougher rules to deter stranger-owned annuity sales, one prominent broker-dealer executive is arguing that curtailing such questionable deals is simply a matter of following current securities and insurance laws.
Speaking on the behalf of broker-dealers at a regulatory hearing held
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