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SEC Considers New Annuity and Life Insurance Summary Disclosures
planadviser; registration may be required 
Nov. 2, 2018
"SEC Chairman Jay Clayton says ... investors have emphasized their preference for clear and concise disclosure written in plain English.... According to Clayton, the summary documents 'would be a concise, reader-friendly summary of key facts about the contract.' More detailed information about the contract would have to be made available online, and an investor also could choose to have that information delivered in paper or electronic format at no charge."
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