Investment Regulation

European Law Regulates Investments in Life Settlements as a Security

Because life settlements are unique in that they involve both investors and life insurance, in the past, there was no clear regulatory agency originally exercising regulatory oversight of the transaction. Then, it was unclear as to whether life settlements were a security transaction or an insurance product, or both. Individual states are responsible for laws and regulations concerning investments in these transactions. Europe is on the forefront for regulations and legislation protecting investors within the EU Countrys in these transactions. It became one of the first Countrys to enact defined laws with regard to regulating investments in life settlements as a security. As a corporation offering the sale of investments in life settlements only to European residents who are qualified purchasers, Secure Group Corp strictly abides by the following legislation which allows for an exemption from qualification of its offering with the Department of Corporations.