Joint Bulletin – Sales or Investment Advice Related to Securities Products by Insurance Providers
Document ID: Bulletin No. 14-2009
The Arkansas Securities Department and the Arkansas Insurance Department joined together to issue this joint bulletin and provide public notice to all insurance producers/agents of certain recommendations that constitute the offering of investment advice under the Arkansas Securities Act. It is unlawful to offer investment advice unless one is registered (licensed) with the Arkansas Securities Department as an investment adviser or investment adviser representative.