SEC bulletin on factoring structured settlements and settlement income streams

In a wide ranging interview, Attorney Matt Bracy and Mark Wahlstrom, host of Speaking of Justice, discuss the issues related to the recent investor alert bulletin put out by the SEC & FINRA concerning issues related to factoring of structured settlements and purchasing settlement income streams in the secondary market.

Has the structured settlement profession stepped off a ledge by inviting SEC and FINRA scrutiny of the settlement and factoring process?

Has the structured settlement profession stepped off a ledge by inviting SEC and FINRA scrutiny of the settlement and factoring process?

In this conversation they look at key issues of whether or not this is the first indication of a desire by Federal regulators to step into the process of factoring or buying settlement income streams and provide some regulation and oversight. Is this a good idea, is the structured settlement profession setting itself up for potential regulation under state Elder abuse laws and investor suitability standards and what does the future hold for both the factoring and structured settlement sides of the business.

This is a wrap up of a four part series on this topic of factoring annuity income streams, secondary market annuities and the structured settlement profession as it relates to liquidity issues, suitability and marketing practices.