SEC Moves to Protect Seniors from Fraudulent & Abusive Practices in Sale of Equity Indexed Annuities
Washington, D.C., June 26, 2008 (LAWFUEL) – The Securities and Exchange Commission has published for public comment a proposed new rule that would protect seniors and other investors from fraudulent and abusive practices in the sale of equity indexed annuities. Equity indexed annuities are often sold to seniors, for whom they may be unsuitable investments […]