Founder and President Amy Lynch discusses the latest regulatory enforcement trend bearing down on broker-dealers selling variable annuity products. Ms Lynch, a former head of the SEC”s variable insurance products inspection unit, sees the uptick in enforcement actions resulting from new, popular annuity products being offered, as well as a renewed focus by FINRA on VA exchanges. Ms. Lynch recommends firms increase monitoring of the products and the risks they pose to investors. See InvestmentNews, “Finra cracks down on faulty variable annuity exchanges“
