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FACC Oregon Comment Letter 5-28-2024

While FACC is pleased to see the Division move forward with creating permanent regulations to support SB 536 – designed to establish disclosure and care obligations for annuity sales – FACC stands with other major insurance trade associations in requesting the Oregon Division adhere to the NAIC model regulation and not deviate with any unnecessary and potentially confusing or costly deviations in connection with disclosure forms and record-keeping.

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