In the News

Title

Dodd-Frank repeal could lead to big changes for indexed annuities

Document Type

Article

Publication Date

2-6-2017

Abstract

President Donald Trump's executive order to review the Dodd-Frank financial reform law could wind up complicating the indexed annuity market for insurers and distributors.

Dodd-Frank, signed into law in 2010 under the Obama administration, contained a provision known as the Harkin Amendment, which guaranteed indexed annuities would continue to be regulated as insurance products, rather than securities products like variable annuities.