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Article: People to watch in 2009.(Arkansas securities commissioner A. Heath Abshure)(William Dillard II)(senators Bob Johnson)
- Article from:
- Arkansas Business
- Article date:
- December 22, 2008
CopyrightCOPYRIGHT 2008 Journal Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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[ILLUSTRATION OMITTED]
A. Heath Abshure
Don't be surprised to see Arkansas Securities Commissioner A. Heath Abshure ruffling some feathers in 2009.
Abshure has a lengthy list of issues he's preparing to address at the legislative session, which convenes Jan. 12.
The most contentious item on the commissioner's agenda: getting variable annuities and equity-indexed annuities defined as securities.
The amended definition would give Abshure, 35, clear authority to regulate the two types of annuities and the people who sell them.
Although Abshure doesn't have jurisdiction over annuities at a state level, they are regulated ...