U.S. Targets Indexed Annuities in Obama Retirement RulesBy
Regulation may negatively impact sales, analyst says
AEL, second biggest seller of product, drops most since 2009
The U.S. is cracking down on the $54.5 billion market for indexed annuities, tightening standards for a product that has been gaining popularity in recent years. American Equity Investment Life Holding Co., the second biggest seller of such products, fell the most since 2009.
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