SEC & FINRA BULLETIN ON PENSION OR SETTLEMENT INCOME STREAMS.

Earlier this month the SEC issued an investor bulletin entitled " Pension or Settlement Income Streams, What you need to know before buying or selling them." While it is not unusual for the SEC or FINRA to provide alerts to the general public on certain types of investments or issues which they feel might be harmful to investors, the nature of this particular alert cuts across and seems to jumble together two very distinct issues and transactions.

Matt Bracy, the immediate past President of NASP and an industry expert in the area of factoring law and transactions joins us in studio to discuss the issues raised by the investor bulletin, the somewhat confusing nature of addressing two very separate types of transactions and what the rights and responsibilities of the structured settlement professionals are in working with clients on how to properly assess the decision to sell an income stream from a structured settlement annuity.