11/6/13 N.Y. St. Reg. DFS-10-13-00008-W
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
Notice of proposed rule making, I.D. No. DFS-10-13-00008-EP, has been withdrawn from consideration. The notice of proposed rule making was published in the State Register on March 6, 2013.
Subject:
Rules Governing Valuation of Life Insurance Reserves.
Reason(s) for withdrawal of the proposed rule:
Amendment does not accomplish intended changes to the reserve requirements on universal life with secondary guarantee policies.