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Expert Analysis

What To Know About NY's New Rules For Selling Annuities

By Clifford Kirsch, Susan Krawczyk and Issa Hanna (February 27, 2019, 1:20 PM EST) -- Broker-dealers selling annuity products in New York will soon need to comply with new best interest requirements imposed by New York's amended Insurance Regulation 187. These requirements, which will take effect for annuities on Aug. 1, 2019, will also impose new documentation, disclosure and training requirements on broker-dealers that sell annuities....

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