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The life settlement world has seen an interesting 2010. As it comes to a close Mats Zuccarello White Jersey , some of this year’s events can be viewed not only as a barometer of the industry throughout the year, but also as a significant indicators of its future. Below are the ten biggest life settlement stories of 2010, in no particular order.

1) $100 million life settlement fraud case cracked. While fraud has been linked to life settlement investments in the past Henrik Lundqvist White Jersey , the sheer size and scope of this case is hard to ignore. It features an 18-count indictment for [the] alleged roles in a $100 million fraud scheme with more than 800 victims across the United States and Canada.” Unfortunately, allegations of fraud continues to shape the perceptions held by consumers, regulators and investors alike.

2)SEC report suggests life settlements be defined as securities. The SEC’s Life Settlements Task Force recommended that the Commission “consider recommending to Congress that it amend the definition of security under the federal securities laws to include life settlements as securities.” Changing federal securities laws in this way would force life settlement intermediaries under the SEC’s authority and necessitate FINRA registration.

3)Zang v. Alliance Financial Services of Illinois Ryan McDonagh White Jersey , Ltd. In September, an Illinois court made a much talked about decision when it ruled that in essence, life settlements are not securities when only a single investor is involved. However Mika Zibanejad Black Jersey , as renowned life settlement legal expert, Brian Casey pointed out, “[industry participants] should limit [their] enthusiasm for the ruling until additional courts have had the opportunity to adjudicate similar issues with fact patterns not as unusual as those set forth in Zang.”

4) LISA leadership change. After stewarding the Life Insurance Settlement Association (LISA) since 2001 Mats Zuccarello Black Jersey , Doug Head announces he will retire as executive direc. Cheap Jerseys From China   Cheap Jerseys China Free Shipping   Cheap Custom Jerseys   Cheap Jerseys China Wholesale   Cheap NFL Jerseys From China   Cheap NFL Jerseys Wholesale   Cheap NFL Sports Jerseys   Wholesale Jerseys   Wholesale Jerseys From China   Wholesale NFL Jerseys 

Ven 7 Sep - 09:48 (2018)

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Ven 7 Sep - 09:48 (2018)
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