Series 26: Customer Suitability

Customer Suitability

No member firm or associated person may recommend to any customer the purchase or exchange of a deferred variable annuity unless it has a reasonable basis to believe that the transaction is suitable for that customer and that:

• • The customer has been fully informed of the annuity’s various features
• • The customer would benefit from certain of its features

These suitability determinations must be documented and signed by the associated person who recommends the transaction.

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