Menu

4 Ways New York May Make DOL Look Like a Fiduciary Kitten

Financial Services Regulatory   |   Insurance   |   Life Insurance & Annuity Litigation   |   January 8, 2018

Carlton Fields’ Financial Services – Regulatory Practice Chair, Ann Black and attorneys Jamie Bigayer and Adriana Perez, analyzed a new proposed version of New York State’s Suitability in Annuity Transactions regulation. ThinkAdvisor cited their work in the article, “4 Ways New York May Make DOL Look Like a Fiduciary Kitten.”

Among the top takeaways: regulators broadening the scope of the regulation to include life insurance; making the regulations apply to any discussions that a consumer could interpret as “advice,” and increasing the number of disclosures related to a transaction.

Read the article.

Subscribe to Publications

Media Inquiries

Kate Barth

Kate Barth

Senior Public Relations Manager

813.229.4154

Disclaimer

The information on this website is presented as a service for our clients and Internet users and is not intended to be legal advice, nor should you consider it as such. Although we welcome your inquiries, please keep in mind that merely contacting us will not establish an attorney-client relationship between us. Consequently, you should not convey any confidential information to us until a formal attorney-client relationship has been established. Please remember that electronic correspondence on the internet is not secure and that you should not include sensitive or confidential information in messages. With that in mind, we look forward to hearing from you.