Series 7 - General Securities Representative Exam

Preview Mode

Which of the following is exempt from SEC registration requirements?

Variable Life Insurance
A
Deferred Variable Annuities
B
Variable Annuities
C
Fixed Annuities
D

Explanations

They key word here is Fixed. Fixed Annuities are exempt from the registration and requirements of the Securities Act of 1933. They are not securities.

Pricing