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Life Insurers Question SEC Disclosure Proposal For Mutual Funds, Variable Products

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Copyright 2005 A.M. Best Company, Inc.

BestWire

April 12, 2005

880 words


LIFE INSURERS QUESTION SEC DISCLOSURE PROPOSAL FOR MUTUAL FUNDS, VARIABLE PRODUCTS

WASHINGTON (BestWire) - Proposed disclosure rules governing sales of mutual funds and variable insurance products could have the counterproductive effect of leading some consumers to ignore their prospectuses, life insurance trade groups said in written testimony to the U.S

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