House
Jun 4, 2009

To 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...

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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