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News January 5, 2009 Issue

Advertisement: ACA Compliance Group

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Is your firm prepared for an SEC or FINRA exam involving variable annuities and
variable life insurance products?

The regulatory environment for variable insurance products is highly complex and constantly evolving. With their emphasis on risk-based examinations, SEC and FINRA examiners are testing heavily in the following key areas:

  • unsuitable sales and switching, especially to seniors;
  • failure to disclose critical information to customers;
  • improper sales contests; and
  • failure to maintain and enforce adequate written supervisory procedures to prevent or detect abuses.

The professionals at ACA Compliance Group regularly assist life insurance companies and distributors in simplifying the complexities surrounding variable annuities and variable life insurance products.

ACA’s expertise can help your firm develop adequate and effective risk-based controls to meet regulatory requirements — and regulators’ expectations.

ACA can help you meet your regulatory challenges.

We welcome the opportunity to speak with you.

For a customized proposal for your variable insurance product compliance needs, or for additional information, please contact
Kathleen Ujvari at (202) 955-5800 or
kujvari@acacompliancegroup.com.