House
Jun 4, 2009To clarify the exemption for certain annuity contracts and insurance policies from Federal regulation under the Securities Act of 1933.
Summary
Official
Fixed Indexed Annuities and Insurance Products Classification Act of 2009 - Amends the Securities Act of 1933 to include within the class of securities exempt from its coverage any insurance or endowment policy or annuity contract or optional annuity contract: (1) whose value does not vary according to the performance of a separate account; and (2) which satisfies standard nonforfeiture laws...
Bill Progress
Bill has been introduced and assigned a number
Introduced(6/4/09)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
GM
Mr. Meeks
House (D) New York – 5
Cosponsors (33)
Topics
Latest Action
Referred to the House Committee on Financial Services.
Jun 4, 2009