Over regulation is hurting not only Stock Brokers ,it is hurting Insurance Agents as well. Regulators should not be able to kill an industry just so they can justify their jobs. With Fixed Index Annuities the suitability forms and requirements are beyond reason, and have killed millions of dollars worth of sales, and hurt millions of agents and potential customers.
Gregory McGill Comment On Regulatory Notice 22-08
Over regulation is hurting not only Stock Brokers ,it is hurting Insurance Agents as well. Regulators should not be able to kill an industry just so they can justify their jobs. With Fixed Index Annuities the suitability forms and requirements are beyond reason, and have killed millions of dollars worth of sales, and hurt millions of agents and potential customers.