More than 25 years have elapsed since the SEC adopted Exchange Act Rule 17a-4(f) governing electronic recordkeeping by broker-dealers. In an effort to update the rule to reflect “technology neutral” concepts, the SEC adopted...more
The U.S. District Court for the District of Massachusetts recently diverged from other decisions interpreting the term “actuarial equivalent” in an Employee Retirement Income Security Act (ERISA) class action, finding that...more
The End or the Beginning for Suits Over Disappointed Index Interest Expectations?
Security Benefit Life Insurance Co. and Guggenheim Partners recently secured an important victory in a class action challenging a fixed...more
10/14/2019
/ Annuities ,
Appeals ,
Dismissals ,
Financial Services Industry ,
Financial Transactions ,
Indexing ,
Insurance Regulations ,
Life Insurance ,
McCarran-Ferguson Act ,
Putative Class Actions ,
Racketeering ,
Regulatory Violations ,
Reverse Preemption ,
RICO ,
State Law Claims ,
Unjust Enrichment