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SEC RIN: 3235-AN30 Publication ID: Fall 2023 
Title: Registration for Index-Linked Annuities; Amendments to Form N-4 for Index-Linked and Variable Annuities  

The Commission proposed rule and form amendments to provide a tailord form to register the offerings of index-linked annuities ("RILAs"). Specifically, the Commission proposed to amend the form currently used by most variable annuity separate accounts, Form N-4, to require issuers of RILAs to register offerings on that form as well. To facilitate this amendment, the Commission also proposed to amend certain filing rules and make other related amendments. These changes would, if adopted, implement the requirements relating to RILAs contained in Division AA, Title I of the Consolidated Appropriations Act, 2023. Further, the Commission proposed other amendments to Form N-4 that would apply to all issuers that would use that form under the proposal. The Commission also proposed to apply to RILA advertisements and sales literature a current Commission rule that provides guidance as to when sales literature is materially misleading under the Federal securities laws. The Commission proposed a technical amendment to Form N-6 to correct an error from a prior Commission rulemaking. Finally, the Commission requested comment as to whether to require the registration of market-value adjustments associated with certain annuities on Form N-4 as well.

Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 15 U.S.C. 77a et seq.    15 U.S.C. 78a et seq.    15 U.S.C. 80a-1 et seq.    Pub. L. 117-328   
Legal Deadline:
Action Source Description Date
Final  Statutory    06/29/2024 
Action Date FR Cite
NPRM  10/13/2023  88 FR 71088   
NPRM Comment Period End  11/28/2023 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Sirimal Mukerjee
Senior Special Counsel
Securities and Exchange Commission
100 F Street NE,
Washington, DC 20549
Phone:202 551-3340