Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Registration for Index-Linked Annuities and Registered Market Value Adjustment Annuities; Amendments To Form N-4 for Index-Linked Annuities, Registered Market Value Adjustment Annuities, and Variable Annuities; Other Technical Amendments".
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Summary
This joint resolution disapproves an SEC rule issued in July 2024 that establishes registration requirements and disclosure forms for index-linked annuities, registered market value adjustment annuities, and variable annuities. If passed, the rule would be nullified and have no legal effect. This is a Congressional Review Act (CRA) disapproval measure under chapter 8 of title 5, United States Code.
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