On-Demand   On-Demand Web Programs

Securities Products of Insurance Companies in the Course of Regulatory Reform 2013

Released on: Feb. 6, 2013
Running Time: 07:00:04

Running Time Segment Title Faculty Format
[00:58:58] Insurance Product Design Joan E. Boros ~ Jorden Burt LLP
Judy Bartlett ~ Vice President and Associate General Counsel, New York Life Insurance Company
James R. Mumford ~ First Deputy Commissioner, Iowa Insurance Division, Iowa Department of Commerce
On-Demand MP3 MP4
[01:05:28] Regulation of Variable Products Under the 1940 Act Stephen E. Roth ~ Sutherland Asbill & Brennan LLP
Dodie Kent ~ Vice President and Associate General Counsel, AXA Equitable Life Insurance Company
On-Demand MP3 MP4
[00:58:00] Pension Developments Thomas Roberts ~ Groom Law Group, Chartered
Thomas C. Schiaffo ~ Vice President and Corporate Counsel, Prudential Insurance Company of America
On-Demand MP3 MP4
[00:59:29] Regulation of Derivatives and Revisiting Dodd-Frank Carl B. Wilkerson ~ Vice President and Chief Counsel, Securities and Litigation, American Council of Life Insurers
Matthew K. Kerfoot ~ Dechert LLP
On-Demand MP3 MP4
[00:56:37] Distribution of Insurance/Securities Products; Advertising; and Ethics Richard T. Choi ~ Partner, Jorden Burt LLP
Pramit K. Das ~ Assistant Director; Advertising Regulation Department, FINRA
On-Demand MP3 MP4
[01:31:22] Conversations with the SEC Staff Joan E. Boros ~ Jorden Burt LLP
Jeffrey S. Puretz ~ Dechert LLP
William J. Kotapish ~ Assistant Director, Division of Investment Management, U.S. Securities and Exchange Commission
Willie Davis ~ Assistant Regional Director, U.S. Securities & Exchange Commission, Chicago Regional Office
On-Demand MP3 MP4

The insurance industry continues to navigate the legal environment in meeting insurance and retirement needs in the face of regulatory initiatives adopted in recent years as well as ongoing initiatives for regulatory change.  As the evolving regulatory regimes that govern securities products and asset management services offered by insurance company complexes unfold, the need for solutions to unanswered questions remain numerous.  Our stellar faculty will provide you with a clear understanding of the important developments in this evolving and dynamic field of law.

Lecture Topics  [Total time 07:00:04]

Segments with an asterisk (*) are available only with the purchase of the entire program.

  • Introduction and Keynote Address [00:30:10]
    Bruce Karpati
  • Insurance Product Design [00:58:58]
    Joan E. Boros, James R. Mumford, Judy Bartlett
  • Regulation of Variable Products Under the 1940 Act [01:05:28]
    Dodie Kent, Stephen E. Roth
  • Pension Developments [00:58:00]
    Thomas C. Schiaffo, Thomas Roberts
  • Regulation of Derivatives and Revisiting Dodd-Frank [00:59:29]
    Carl B. Wilkerson, Matthew K. Kerfoot
  • Distribution of Insurance/Securities Products; Advertising; and Ethics [00:56:37]
    Richard T. Choi, Pramit K. Das
  • Conversations with the SEC Staff [01:31:22]
    Joan E. Boros, William J. Kotapish, Jeffrey S. Puretz, Willie Davis

The purchase price of this Web Program includes the following articles from the Course Handbook available online:

  • Background Information: A Primer on Insurance Products as Securities
    Jeffrey S. Puretz
  • What Is in a Name? Contingent Deferred Annuities
    Joan E. Boros
  • State of Iowa Securities Bulletin 11-S-I, Memorandum to Persons Licensed in Iowa to Sell Insurance and/or Securities from Insurance Commissioner Susan E. Voss Re: Licensing Requirements and Permitted Activities (June 24, 2011)
    Joan E. Boros
  • New York Life Income Plus Variable Annuity
    Judy Bartlett
  • A New Layered Disclosure Framework for Variable Annuities
    Dodie Kent
  • Regulation of Variable Annuity and Variable Life Insurance Products Under the Federal Securities Laws
    Stephen E. Roth
  • Washington Update
    Thomas Roberts
  • Market Infrastructure for Swaps
    Matthew K. Kerfoot
  • The Impact of Rules Implementing Title VII of the Dodd-Frank Act (Derivatives Market Reform) on Life Insurance Companies
    Carl B. Wilkerson
  • Distribution of Securities Products of Insurance Companies: Recent SEC and FINRA Pronouncements on Advertising, Social Media, and Suitability
    Richard T. Choi
  • Distribution of Insurance/Securities Products; Advertising; and Ethics
    Pramit K. Das
  • Proposed Agenda for Discussion
    Joan E. Boros
  • Underlying Mutual Funds
    Jeffrey S. Puretz
  • Index to Securities Products of Insurance Companies in the Course of Regulatory Reform 2013

Presentation Material

  • Insurance Product Design
    Judy Bartlett
  • Regulation of Variable Products Under the Federal Securities Laws
    Dodie Kent, Stephen E. Roth
  • Pension Developments
    Thomas C. Schiaffo, Thomas Roberts
  • Derivatives Market Reform: The Impact of Rules Implementing Title VII of the Dodd-Frank Act on Life Insurance Companies
    Carl B. Wilkerson
  • Distribution of Insurance/Securities Products; Advertising; and Ethics
    Pramit K. Das
Co-Chair(s)
Joan E. Boros ~ Jorden Burt LLP
Jeffrey S. Puretz ~ Dechert LLP
Speaker(s)
Judy Bartlett ~ Vice President and Associate General Counsel, New York Life Insurance Company
Richard T. Choi ~ Partner, Jorden Burt LLP
Pramit K. Das ~ Assistant Director; Advertising Regulation Department, FINRA
Willie Davis ~ Assistant Regional Director, U.S. Securities & Exchange Commission, Chicago Regional Office
Bruce Karpati ~ Chief, Asset Management Unit, Division of Enforcement, U.S. Securities and Exchange Commission
Dodie Kent ~ Vice President and Associate General Counsel, AXA Equitable Life Insurance Company
Matthew K. Kerfoot ~ Dechert LLP
William J. Kotapish ~ Assistant Director, Division of Investment Management, U.S. Securities and Exchange Commission
James R. Mumford ~ First Deputy Commissioner, Iowa Insurance Division, Iowa Department of Commerce
Thomas Roberts ~ Groom Law Group, Chartered
Stephen E. Roth ~ Sutherland Asbill & Brennan LLP
Thomas C. Schiaffo ~ Vice President and Corporate Counsel, Prudential Insurance Company of America
Carl B. Wilkerson ~ Vice President and Chief Counsel, Securities and Litigation, American Council of Life Insurers

PLI makes every effort to accredit its On-Demand Web Programs and Segments.  Please check the CLE Calculator above for CLE information specific to your state.

On-Demand Web Programs and Segments are approved in:

Alabama1, Alaska, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho*, Illinois , Iowa2*, Kansas, Kentucky*, Louisiana, Maine*, Mississippi, Missouri3, Montana, Nebraska, Nevada, New Hampshire4, New Jersey, New Mexico5, New York6,  North Carolina7, North Dakota, Ohio8, Oklahoma9, Oregon*, Pennsylvania10, Rhode Island11, South Carolina, Tennessee12, Texas, Utah, Vermont, Virginia13, Washington, West Virginia, Wisconsin14 and Wyoming*.

Iowa, Mississippi, Oklahoma, and Wisconsin DO NOT approve Audio Only On-Demand Web Programs.

Minnesota 
approves live webcasts ONLY

Please Note: The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. PLI programs may qualify for credit based on the requirements outlined in the MCLE Regulations and Ariz. R. Sup. Ct. Rule 45.

*PLI will apply for credit upon request. Louisiana and New Hampshire: PLI will apply for credit upon request for audio-only on-demand web programs.


1Alabama: Approval of all web based programs is limited to a maximum of 6.0 credits.

 

2Iowa:  The approval is for one year from recorded date. Does not approve of Audio-only On-Demand Webcasts.

3Missouri:  On-demand web programs are restricted to six hours of self-study credit per year.  Self-study may not be used to satisfy the ethics requirements.  Self-study can not be used for carryover credit.

 

4New Hamphsire:  The approval is for three years from recorded date.

5New Mexico:  On-Demand web programs are restricted to 4.0 self-study credits per year. 


6New York:  Newly admitted attorneys may not take non-traditional course formats such as on-demand Web Programs or live Webcasts for CLE credit. Newly admitted attorneys not practicing law in the United States, however, may earn 12 transitional credits in non-traditional formats. 

7North Carolina:  A maximum of 4 credits per reporting period may be earned by participating in on-demand web programs. 


8Ohio:  To confirm that the web program has been approved, please refer to the list of Ohio’s Approved Self Study Activities at http://www.sconet.state.oh.us.  Online programs are considered self-study.  Ohio attorneys have a 6 credit self-study limit per compliance period.  The Ohio CLE Board states that attorneys must have a 100% success rate in clicking on timestamps to receive ANY CLE credit for an online program.

9Oklahoma:  Up to 6 credits may be earned each year through computer-based or technology-based legal education programs.


10Pennsylvania:  PA attorneys may only receive a maximum of four (4) hours of distance learning credit per compliance period. All distance learning programs must be a minimum of 1 full hour.
 

11Rhode Island:  Audio Only On-Demand Web Programs are not approved for credit.  On-Demand Web Programs must have an audio and video component.

12Tennessee:  The approval is for the calendar year in which the live program was presented.

13Virginia: All distance learning courses are to be done in an educational setting, free from distractions.

14Wisconsin: Ethics credit is not allowed.  The ethics portion of the program will be approved for general credit.  There is a 10 credit limit for on-demand web programs during every 2-year reporting period.  Does not approve of Audio-only On-Demand Webcasts.


Running time and CLE credit hours are not necessarily the same. Please be aware that many states do not permit credit for luncheon and keynote speakers.


If you have already received credit for attending some or the entire program, please be aware that state administrators do not permit you to accrue additional credit for repeat viewing even if an additional credit certificate is subsequently issued.


Note that some states limit the number of credit hours attorneys may claim for online CLE activities, and state rules vary with regard to whether online CLE activities qualify for participatory or self-study credits. For more information, call Customer Service (800) 260-4PLI (4754) or e-mail info@pli.edu.

 
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