Life Insurance Investments Aren't Securities, 9th Circ. Told

By Bonnie Eslinger ( December 6, 2024, 8:42 PM EST) -- Agents who sold interests in life insurance policies for Pacific West Capital Group — which struck a $64 million SEC deal to end investment fraud claims — urged the Ninth Circuit on Friday to reverse an order requiring them to pay back some of their commissions, saying the deals weren't investment contracts....

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