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American General Announces a Compliance Up-Date: Arkansas Continuing Education Requirement

Suitability Training for Sales of Annuity Products

04-05-2010

Effective July 1, 2009, the State of Arkansas passed Rule 82, Sutiability in Annuity Transactions.

Section 9 of this regulation stipulates that:

"Insurers shall be responsible for ensuring that any producer that markets its product has received at least four (4) hours of annual training that addresses suitability requirements for the State of Arkansas and the mechanics of annuity products."

Initial training must be completed no later than July 15, 2010.

NOTE: This is an Annual Requirement for all Arkansas producers.

Please find attached the American General Complicance Up-date.

For complete details please call Rob or Jim.