Periodic Payment Plans

  • 2007 03 – SEC – Report on Refunds, Sales Practices, and Revenues from Periodic Payment Plans – As Required by Section 4(c) of the Military Personnel Financial Services Protection Act – U.S. Securities and Exchange Commission, Securities and Exchange Commissioner – 48p
  • ….  variable annuities and variable life are regulated as periodic payment plans.
  • Now as usual, things that are prohibited can nonethelessbe done if you do them right.
    • The way to do it is either comply with an exemptive rule or get an exemptive order. 

—  W. Randolph Thompson, with the law firm of Jones & Blouchin Washington, will speak on some SEC issues

1993 – SOA – Variable Products — Product for the 1990s?, Society of Actuaries – 22p