NAIC updates annuity sales best interest model regulation

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NAIC updates annuity sales best interest model regulation
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State regulators revise model to require producers act in customer’s best interest when recommending annuity products.
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Where is the conflict if interest documentation for those who benefit from pushing choking regulation. How do the compliance pushers benefit one way or the other if this goes through.
They push compliance under the guise every advisor is a shmuck and all the lawyers are lone ranger. Its an insult.
 
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