Tuesday, September 16, 2008

SEC 151A Update

I will be traveling to Washington DC next week to meet with several Senators and Representatives re: SEC 151A that we discussed at our x2 meeting.

I am now part of the Carrier Coalition and have taken a role in organizing this fly-in.

Jeff Cassat shared some of the material we reviewed at the study group meeting with Dominic Cursio of Capitas who also is a National Ass'n for Fixed Annuities (NAFA) leader. He asked me to take a role onNAFA's Public Relations Committee and we are planning a multi-prong attack aimed at Congress, consumers, insurance producers and others.

The comment period expired, but there has been no word on an extension or a final decision re: the rule.

I will keep you posted.

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