September 07, 2010
End of Day September 03, 2010
S&P 500 Change
1090.100.00
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New Requirements for Arkansas Producers

Effective July 15, 2009 Arkansas requires that insurance producers maintain signed copies of annuity disclosures for five years. The retained copies must have both client and producer signatures and dates. Further, agents or agencies shall adopt a system of supervision with regards to suitability and at least four hours of annual training addressing suitability requirements and the mechanics of annuity products will be required. Please adjust your processes accordingly.

FOR AGENT USE ONLY. NOT FOR USE WITH THE PUBLIC.
 
 

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