"The American Council of Life Insurers (ACLI) issued [a] statement in connection with the request from Sen. Elizabeth Warren (D-MA), to certain life insurance companies for information on annuity sales ... From product development to advertising to sales, life insurers offering annuities must comply with state and federal laws and rules that help protect consumers' interests. As insurance products, annuities are regulated by the states that have laws and regulations for the content and marketing of the product."  MORE >>