Another Power Grab By The FED, SEC and the Dolts in DC

“The National Association of Fixed Annuities, Milwaukee, has voiced that concern in a member alert…
“NAFA sees the proposal as “a clear attempt to take control – read collect fees - on all product recommendations,” including recommendations involving life insurance, long term care insurance, health insurance, property-casualty insurance, savings accounts and fixed annuities, NAFA officials say.”
http://www.lifeandhealthinsurancenews.com/News/2009/5/Pages/NAFA-Pans-FINRA-Draft.aspx [...]

Power Grab By The SEC, FINRA, & DC Jeopardizes Your Wealth

“The National Association of Fixed Annuities, Milwaukee, has voiced that concern in a member alert.
“NAFA sees the proposal as “a clear attempt to take control – read collect fees - on all product recommendations,” including recommendations involving life insurance, long term care insurance, health insurance, property-casualty insurance, savings accounts and fixed annuities, NAFA officials say.”
http://www.lifeandhealthinsurancenews.com/News/2009/5/Pages/NAFA-Pans-FINRA-Draft.aspx [...]