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Question 77 of 83
Variable life insurance is regulated by all of the following entities EXCEPT
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A. The Department of Insurance and/or Financial Services.
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B. The U.S. Department of Treasury.
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C. The Securities and Exchange Commission (SEC).
D. The Financial Industry Regulatory Authority (FINRA).

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GinnyAnswer

Final answer:

Variable life insurance is regulated by entities such as the Department of Insurance and/or Financial Services, SEC, and FINRA, but not by the U.S. Department of Treasury.


Explanation:

Variable life insurance is primarily regulated by entities such as the Department of Insurance and/or Financial Services, the Securities and Exchange Commission (SEC), and the Financial Industry Regulatory Authority (FINRA). However, it is not regulated by the U.S. Department of Treasury.


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