This week, the Department of Labor requested information on the fiduciary rule giving some industry players hope that the sales of fixed indexed annuities (FIA) may be placed under a less stringent exemption. According to a recent InsuranceNewsNet article, DOL regulators implied that they might …
***UPDATED: November 6, 2015*** On Friday, a judge denied a motion for preliminary injunction by the National Association for Fixed Annuities in its lawsuit against the DOL’s fiduciary rule, according to a recent InsuranceNewsNet article. Judge Randolph D. Moss presented a 92-page ruling that addressed …
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