Archive for October, 2009
Phoenix Accused of Fraud in Lawsuits over Policies Worth $260M in Face
A trustee is accusing Phoenix Cos. of fraud, in a pair of lawsuits alleging that the carrier enticed…
Phoenix Accused of Fraud in Lawsuits over Policies Worth $260M in Face
A trustee is accusing Phoenix Cos. of fraud, in a pair of lawsuits alleging that the carrier enticed…
FINRA and SEC Chairmen Speak of Settlements to Trade Group
Firms involved in life settlements need to follow a fiduciary standard, the head of FINRA said yeste…
FINRA and SEC Chairmen Speak of Settlements to Trade Group
Firms involved in life settlements need to follow a fiduciary standard, the head of FINRA said yeste…
FINRA and SEC Chairmen Speak of Settlements to Trade Group
Firms involved in life settlements need to follow a fiduciary standard, the head of FINRA said yeste…
FINRA and SEC Chairmen Speak of Settlements to Trade Group
Firms involved in life settlements need to follow a fiduciary standard, the head of FINRA said yeste…
They Call This Financial Innovation
(h/t to War on Error ) In my opinion, financial innovation should provide some social benefit and definitely outweigh the potential social costs. But for some that is a too rigorous of a standard. Arguably, “financial innovations” such as credit default swaps or collateralized debt obligations would fail such a standard. Or could it be that ‘too much of a good thing is bad’. We truly need a national debate or discussion regarding financial innovation. Is this an example of financial inn
EAGiL Life Settlements, LLC Is Granted A Life Settlement Provider License In Ohio
EAGiL Life Settlements, LLC Is Granted A Life Settlement Provider License In Ohio Woodcliff Lake, NJ – October 26, 2009 — Guy E. Runyon, President and CEO of Eagil Life Settlements, LLC, announced today that Eagil has been approved as a Life Settlement Provider in the state of Ohio. “We are excited to add the great state of Ohio as another regulated state where we can purchase life insurance policies,” Runyon exclaimed. Runyon, who is a former Ohio resident added, “I have such fond memories
State Securities Regulators’ Group Creates Life Settlements Committee
The North American Securities Administrators Association formed a group last week to monitor emergin…
State Securities Regulators’ Group Creates Life Settlements Committee
The North American Securities Administrators Association formed a group last week to monitor emergin…