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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The current draft of the FAQ document addresses topics such as general background, the intersection of state insurance regulation and federal securities law regulation, how to satisfy the best interest standard of conduct, and insurer supervision and training requirements. 43R—Loan-Backed and Structured Securities.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

Valuation of Securities (E) Task Force Adopts an Amendment to the Purposes and Procedures Manual to Add Instructions for Review of Funds. The P&P Manual currently grants the NAIC’s Securities Valuation Office (SVO) discretion when determining whether a fund’s use of derivatives is consistent with a fixed income-like security (i.e.,