"We're waiting to see the final rule."
Malott Nyhart, chief marketing officer and vice president of the annuity group, Great American Life
"We've been keeping an eye on it. What we're hearing is this is the beginning of a major change down the road."
Luke Cosme, senior vice president, chief sales and marketing officer, Mutual Trust Life
"Much of what we're being asked is, are you going to try and utilize this Best Interest Contract Exemption at all. No matter what my firm decides to do, I personally would not try to utilize this BIC exemption. It's fraught with legal uncertainty."
Scott Stolz, senior vice president, Raymond James’ Private Client Group Investment Products and Wealth Management Division