Filed Under:Life Insurance, Life Planning Strategies

SEC Considers Volcker Rule Exemption for Insurers

From the Washington Bureau

SEC Chair Mary Schapiro (AP Photo/Evan Vucci, File)
SEC Chair Mary Schapiro (AP Photo/Evan Vucci, File)

 

The Securities and Exchange Commission is considering giving insurers a broad exemption from the Volcker Rule, that section of the Dodd-Frank Wall Street Reform and Consumer Protection Act which restricts financial institutions from engaging in certain kinds of speculative investing. The rule is scheduled to be implemented on July 21, 2012.

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Nichole Morford

Nichole Morford
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