Remember the variable annuity debate—is it a security? Does it need to be registered? Well, that's a subject we'll be platform diving into now. We understand what a security is and isn't, but we need to figure out if it needs to be registered. Most of the time a security will need to be registered, but variable annuities are that uncommon instance where a security is exempt from registration.
What does it take to register a security? You can check out the Uniform Application to Register S...
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