Conyac で依頼された翻訳結果を公開

The New York State Insurance Department has unveiled a draft of a variable life insurance regulation that includes new sections dealing with private placement variable life arrangements.
The proposed amendment to New York Regulation 77 would define a “private placement variable life insurance policy” as any variable life insurance policy that is exempt from registration under federal securities laws; includes one or more separate accounts that are exempt from registration as an investment company; is only available to a sophisticated investor who has enough assets to qualify under federal law as an accredited investor, according to the draft text.