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Why Fixed Indexed Annuity Sellers Can Challenge the DOL on Fiduciary Rule
InsuranceNewsNet.com 
[Opinion] Apr. 8, 2016
"The DOL stance on FIAs is similar to a 2008 [SEC] effort to regulate all indexed annuities as securities. After a long fight, Rule 151A was thrown out by a U.S. Court of Appeals, leaving indexed annuities under state regulation as an insurance product. The District of Columbia Circuit Court of Appeals ruled that the SEC failed to analyze the rule's impact on the indexed annuity market that the commission sought to regulate. One could argue the DOL is guilty of the same misstep[.]"
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