SD39 Jane Cline Annuities Investment Part Two

Glen B. Gainer III West Virginia State Auditor, Jane Cline West Virginia Insurance Commissioner The West Virginia Securities Commission, a division of the State Auditors Office and the West Virginia Insurance Commission have recently agreed to work on a joint effort concerning an insurance product called variable annuities. While these annuities are widely accepted as an appropriate financial product for certain individuals, they are sometimes marketed as securities or sold as an unsuitable investment.

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