# EDGAR Filing Document

**Accession Number:** 0001202048
**File Stem:** 0001202048-25-000007
**Filing Date:** 2025-7
**Character Count:** 39621
**Document Hash:** b9345dd45c1a05d70cffed8f82daaf65
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001202048-25-000007.hdr.sgml**: 20250718

**ACCESSION NUMBER**: 0001202048-25-000007

**CONFORMED SUBMISSION TYPE**: TA-1/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250717

**DATE AS OF CHANGE**: 20250718

**EFFECTIVENESS DATE**: 20250727

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VALIC RETIREMENT SERVICES CO
- **CENTRAL INDEX KEY:** 0001202048

**ORGANIZATION NAME:**
- **EIN:** 760519990
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** TA-1/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 084-06057
- **FILM NUMBER:** 251133034

**BUSINESS ADDRESS:**
- **STREET 1:** 2929 ALLEN PARKWAY L4-01
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77019
- **BUSINESS PHONE:** 713-831-3150

**MAIL ADDRESS:**
- **STREET 1:** 2929 ALLEN PARKWAY L4-01
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIG RETIREMENT SERVICES CO
- **DATE OF NAME CHANGE:** 20080108

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VALIC RETIREMENT SERVICES CO
- **DATE OF NAME CHANGE:** 20021029

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM TA-1

### UNIFORM FORM OF APPLICATION FOR REGISTRATION AS A TRANSFER AGENT

### Registrant Information

**Appropriate regulatory agency:** SEC

**Full name of Registrant:** VALIC RETIREMENT SERVICES CO

**FINS Number:** 502575

**Address of principal office where transfer agent activities are performed:** 2929 Allen Parkway, Houston, TX, 77019

**Is mailing address different from principal office address?:** No

**Telephone Number:** 713-831-3150

**Does registrant conduct business in other locations?:** No

**Is registrant a self-transfer agent?:** No

**Does registrant engage a service company to perform any of its transfer agent functions?:** No

**Is registrant engaged as a service company by a named transfer agent?:** No

### Ownership and Control Information

**Registrant Type:** Corporation

**Does any other person control the management or policies of the applicant?:** Yes

- **Controlling Entity Name:** Corebridge Financial, Inc., Corebridge Life Holdings, Inc., AGC Life Insurance Company, The Variable Annuity Life Insurance Company

- **Agreement Description:** VALIC Retirement Services Company is a wholly-owned subsidiary of The Variable Annuity Life Insurance Company and an indirect, wholly-owned subsidiary of Corebridge Financial, Inc., a publicly traded company.

**Does any other person directly or indirectly finance the applicant?:** No

**Control Affiliates Information:**

| Entity Name                                         | Relationship Start Date   | Title or Status                | Ownership Code   | Control Person   | Relationship End Date   |
|:---|:---|:---|:---|:---|:---|
| The Variable Annuity Life Insurance Company (VALIC) | 11/18/1996                | Owner                          | E                | Yes              |  |
| Todd McGrath                                        | 06/17/2021                | President                      | NA               | Yes              | 01/31/2025              |
| Kara R. Boling                                      | 06/28/2016                | Executive Vice President & COO | NA               | Yes              | 05/12/2025              |
| Barbara Rayll                                       | 11/30/2023                | Vice President                 | NA               |  |  |
| Jeffrey Ferguson                                    | 05/12/2025                | Chairman of the Board          | NA               | Yes              |  |
| Cynthia Burnette                                    | 05/12/2025                | Vice President                 | NA               | Yes              |  |
| Ronald Holloway                                     | 05/12/2025                | Director                       | NA               | Yes              |  |

### Disciplinary History

- **Convicted/plead guilty to any felony or investment-related misdemeanor?:** No

- **Convicted/plead guilty to any other felony?:** No

- **Enjoined in connection with any investment-related activity?:** No

- **Found to have violated any investment-related statute or regulation?:** No

- **Made a false statement or omission in a filing with the SEC?:** Yes

  - **Details #1:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** In the Matter of VALIC Financial Advisors, Inc. SEC File No. 3-19894

    - **Action Date:** 07/28/2020

    - **Court/Body Name and Location:** Securities and Exchange Commission

    - **Action Description:** On July 28, 2020, the United States Securities and Exchange Commission ("SEC") issued an administrative order against VALIC Financial Advisors, Inc. ("VFA" or the "Firm") finding that the Firm failed to disclose to certain Florida teachers that the Firm's parent company, VALIC, provided cash and other financial benefits to a for-profit company owned by Florida K-12 teachers' unions in exchange for referring teachers to products and services offered by VALIC and the Firm, in violation of Sections 206(2) and 206(4) of the Advisers Act and Advisers Act Rule 206(4)-3 thereunder. The SEC also found that VFA did not adopt and implement written compliance policies and procedures reasonably designed to prevent violations of the Advisers Act and the rules thereunder, in violation of Section 206(4) of the Advisers Act and Rule 206(4)-7 thereunder. VFA neither admitted nor denied the SEC's findings.

    - **Disposition:** Solely for the purpose of settling the proceeding, VFA consented to a cease-and-desist order, a censure, and to pay a civil monetary penalty of $20 million, which was paid on July 31, 2020. VFA agreed to comply with certain undertakings as well.

  - **Details #2:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** In the Matter of VALIC Financial Advisors, Inc. SEC File No. 3-19895

    - **Action Date:** 07/28/2020

    - **Court/Body Name and Location:** Securities and Exchange Commission

    - **Action Description:** On July 28, 2020, the United States Securities and Exchange Commission ("SEC") issued an administrative order against VALIC Financial Advisors, Inc. ("VFA") regarding certain VFA mutual fund and mutual fund share class selection practices. Specifically, the SEC found that the Firm had not appropriately disclosed certain conflicts of interest due to its receipt of revenue sharing, avoidance of transaction fees, and receipt of 12b-1 fees, in violation of Section 206(2) of the Advisers Act. The SEC also found that VFA did not adopt and implement written compliance policies and procedures reasonably designed to prevent violations of the Advisers Act and the rules thereunder in connection with its mutual fund share class selection practices, in violation of Section 206(4) of the Advisers Act of 1940 and Rule 206(4)-7 thereunder. VFA neither admitted nor denied the SEC's findings.

    - **Disposition:** Solely for the purpose of settling the proceeding, VFA consented to a cease-and-desist order, a censure, and disgorgement of $13,232,681, prejudgment interest of $2,211,072, and a $4.5 million civil penalty, paid on 8/7/2020, and certain undertakings.

- **Found to have violated SRO rules or failed to supervise?:** Yes

  - **Details #1:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** In the Matter of VALIC Financial Advisors, Inc. SEC File No. 3-19894

    - **Action Date:** 07/28/2020

    - **Court/Body Name and Location:** Securities and Exchange Commission

    - **Action Description:** On July 28, 2020, the United Stated Securities and Exchange Commission ("SEC") issued an administrative order against VALIC Financial Advisors, Inc. ("VFA" or the "Firm") finding that the Firm failed to disclose to certain Florida teachers that the Firm's parent company, VALIC, provided cash and other financial benefits to a for-profit company owned by Florida K-12 teachers' unions in exchange for referring teachers to products and services offered by VALIC and the Firm, in violation of Sections 206(2) and 206(4) of the Advisers Act and Advisers Act Rule 206(4)-3 thereunder. The SEC also found that VFA did not adopt and implement written compliance policies and procedures reasonably designed to prevent violations of the Advisers Act and the rules thereunder, in violation of Section 206(4) of the Advisers Act and Rule 206(4)-7 thereunder. VFA neither admitted nor denied the SEC's findings.

    - **Disposition:** Solely for the purpose of settling the proceeding, VFA consented to a cease-and-desist order, a censure, and to pay a civil monetary penalty of $20 million, which was paid on July 30, 2020. VFA agreed to comply with certain undertakings as well.

  - **Details #2:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** In the Matter of VALIC Financial Advisors, Inc. SEC File No. 3-19895

    - **Action Date:** 07/28/2020

    - **Court/Body Name and Location:** Securities and Exchange Commission

    - **Action Description:** On July 28, 2020, the United States Securities and Exchange Commission ("SEC") issued an administrative order against VALIC Financial Advisors, Inc.("VFA") regarding certain VFA mutual fund and mutual fund share class selection practices. Specifically, the SEC found that the Firm had not appropriately disclosed certain conflicts of interest due to its receipt of revenue sharing, avoidance of transaction fees, and receipt of 12b-1 fees, in violation of Section 206(2) of the Advisers Act. The SEC also found that VFA did not adopt and implement written compliance policies and procedures reasonably designed to prevent violations of the Advisers Act and the rules thereunder in connection with its mutual fund share class selection practices, in violation of Section 206(4) of the Advisers Act of 1940 and Rule 206(4)-7 thereunder. VFA neither admitted nor denied the SEC's findings.

    - **Disposition:** Solely for the purpose of settling the proceeding, VFA consented to a cease-and-desist order, a censure, and disgorgement of $13,232,681, prejudgment interest of $2,211,072, and a $4.5 million civil penalty, paid on 8/7/2020, and certain undertakings.

- **Had authorization to act as a financial professional denied, suspended, or revoked?:** No

- **Had a registration as a financial professional denied, suspended, or revoked?:** No

- **Federal/State agency found a false statement or omission?:** Yes

  - **Details #1:**

    - **Entity Name:** The VARIABLE ANNUITY LIFE INSURANCE COMPANY (VALIC)

    - **Action Title:** Docket/Case Number: 08-1728-9

    - **Action Date:** 08/06/2015

    - **Court/Body Name and Location:** West Virginia Securities Commission

    - **Action Description:** The State alleged in twenty-four separate summary orders 1) VALIC acted as an investment adviser without proper registration, 2) advertisement violation, 3) VALIC and its agent defrauded investors by misleading them, misrepresenting material facts, and implying the were representatives of the school board or the State, 4) statements/omissions were misleading and constituted a scheme to defraud WV residents, and 5) failure of VALIC's agent to disclose to his client that was employed and controlled by VALIC.

    - **Disposition:** Vacated 5/3/2019.

  - **Details #2:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** Docket/Case Number: 16-0572-DEN

    - **Action Date:** 06/14/2016

    - **Court/Body Name and Location:** State of Oklahoma Insurance Department

    - **Action Description:** Due to an administrative error, VFA omitted certain FINRA regulatory actions on its insurance agency application.

    - **Disposition:** VFA agreed to settlement and paid $300 administrative fine.

  - **Details #3:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** Docket/Case Number: 16-0572-DEN

    - **Action Date:** 06/24/2016

    - **Court/Body Name and Location:** State of Oklahoma Insurance Department

    - **Action Description:** VFA filed an administrative agency application on behalf of VALIC Financial Advisors, Inc., in the the State of Oklahoma. Due to an administrative error, the application omitted certain FINRA Regulatory Actions. VFS amended its application. The State issued an administrative fine against VFA for $300 for omitting the regulatory event in its application.

    - **Disposition:** VFA agreed to settlement and paid the $300 administrative fee.

  - **Details #4:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** Docket/Case Number: 100130340

    - **Action Date:** 10/07/2016

    - **Court/Body Name and Location:** Alaska Division of Insurance

    - **Action Description:** Alaska issued an administrative fine against VFA in the amount of $100 for failing to timely report the fine issued by the State of Oklahoma.

    - **Disposition:** VFA settled the matter and paid the fine.

  - **Details #5:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** Docket/Case Number; 11/7/2016

    - **Action Date:** 11/07/2016

    - **Court/Body Name and Location:** Louisiana Department of Insurance

    - **Action Description:** Louisiana issued an administrative fine against VFA for $500 for omitting prior regulatory events in the initial application and failing to timely report the fine issued by the State of Oklahoma.

    - **Disposition:** VFA settled the matter and paid the $500 fine.

  - **Details #6:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** 12.04 - 149432J

    - **Action Date:** 12/05/2017

    - **Court/Body Name and Location:** Tennessee Department of Insurance

    - **Action Description:** On 04/06/2016, VALIC Financial Advisors, Inc. (VFA) filed an insurance agency application in the state of Tennessee. Due to an administrative error, the application failed to include certain VFA Regulatory Disclosures. Upon recognizing the error, VFA amended its insurance agency application on 9/30/2017. On 1/31/2018, the State of Tennessee Insurance Division issued a civil penalty against VFA in the amount of $500.00 for failing to include the regulatory disclosures in the initial application.

    - **Disposition:** VFA signed the agreed final order and paid the fine totaling $500.00.

  - **Details #7:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** State of Ohio Department of Insurance

    - **Action Date:** 05/23/2017

    - **Court/Body Name and Location:** State of Ohio Department of Insurance

    - **Action Description:** On 04/06/2016, VALIC Financial Advisors, Inc. (VFA) filed an insurance agency application on the behalf in the state of Ohio. Due to an administrative error, the application failed to include certain VFA Regulatory Disclosures. Upon recognizing the error, VFA amended its insurance agency application on September 30. On May 23, the Ohio Department of Insurance issued an administrative fine against VFA in the amount of $500.00 for inadvertently omitting regulatory disclosure in the initial application. The administrative fine invoice was received by VFA on June 26, 2017, at which time it was promptly paid.

    - **Disposition:** VFA paid the $500 fine issued by the state.

  - **Details #8:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** Docket/Case Number: AGN266722

    - **Action Date:** 01/23/2017

    - **Court/Body Name and Location:** State of Maine Bureau of Insurance

    - **Action Description:** On 04/06/2016, VALIC Financial Advisors, Inc. (VFA) filed an insurance agency application on the behalf in the state of Maine. Due to an administrative error, the application failed to include certain VFA Regulatory Disclosures. Upon recognizing the error, VFA amended its insurance agency application on September 30. On January 23, the State of Maine Bureau of Insurance issued an administrative fine against VFA in the amount of $50.00 for failing to include the regulatory disclosures in the initial application. The correspondence was not received by VFA until March 22, at which time payment of the fee was arranged.

    - **Disposition:** VFA paid the $50 fine issued by the state on 4/7/2017.

  - **Details #9:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** Docket/Case Number: 68901

    - **Action Date:** 11/29/2016

    - **Court/Body Name and Location:** Virginia Bureau of Insurance

    - **Action Description:** On 04/06/2016, VALIC Financial Advisors, Inc. (VFA) filed an insurance agency application in the state of Virginia. Due to an administrative error, the application omitted certain FINRA Regulatory actions. VFA amended its application on September 30. On November 29, the State issued an administrative fine against VFA in the amount of $500.00 for omitting the regulatory events in the initial application and failing to timely report the fine issued by the State of Oklahoma.

    - **Disposition:** VFA settled the matter and paid the $500 fine.

  - **Details #10:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** Docket/Case Number: 1000474400

    - **Action Date:** 12/13/2016

    - **Court/Body Name and Location:** North Carolina Department of Insurance

    - **Action Description:** On 04/06/2016, VALIC Financial Advisors, Inc. (VFA) filed an insurance agency application in the state of North Carolina. Due to an administrative error, the application omitted certain FINRA Regulatory events. VFA amended its application on September 30. On December 16, the State issued an administrative fine against VFA in the amount of $250.00 for omitting the regulatory events in the initial application and failing to timely report the fine issued by the State of Oklahoma.

    - **Disposition:** VFA settled the matter and paid the $250 fine.

- **Federal/State agency found a violation of investment-related regulations?:** Yes

  - **Details #1:**

    - **Entity Name:** VALIC Financial Advisors, Inc.

    - **Action Title:** SEU-2018-001

    - **Action Date:** 05/30/2019

    - **Court/Body Name and Location:** Hawaii Department of Commerce and Consumer Affairs

    - **Action Description:** Hawaii alleged that the firm failed to supervise a registered representative who had submitted a transactions without proper customer authorization.

    - **Disposition:** Monetary/Fine $10,000. Cease and Desist/Injunction

  - **Details #2:**

    - **Entity Name:** VALIC Financial Advisors, Inc.

    - **Action Title:** Docket/Case Number: 20-0168

    - **Action Date:** 02/25/2020

    - **Court/Body Name and Location:** State of Washington Office of the Insurance Commissioner

    - **Action Description:** Due to an administrative error, VFA's Washington business entity license listed an invalid email address. The state used that contact information to send correspondence which ultimately was not received by VFA. The state issued an administrative fine against VFA in the amount of $250 for failure to have at least one licensed affiliate and failure to respond to those inquiries.

    - **Disposition:** VFA signed the agreed final order and paid the fine totaling $250.00.

  - **Details #3:**

    - **Entity Name:** VALIC Financial Advisors, Inc.

    - **Action Title:** Delaware Department of Insurance

    - **Action Date:** 05/06/2021

    - **Court/Body Name and Location:** Delaware Department of Insurance

    - **Action Description:** On June 23, 2021, the Delaware Department of Insurance signed a consent order fining VFA $500 for failing to timely report VFA's January 8, 2021 Letter of Acceptance, Waiver, and Consent with FINRA.

    - **Disposition:** VFA signed the agreed final order and paid the fine totaling $500.00.

  - **Details #4:**

    - **Entity Name:** VALIC Financial Advisors, Inc.

    - **Action Title:** Louisiana Department of Insurance

    - **Action Date:** 06/14/2021

    - **Court/Body Name and Location:** Louisiana Department of Insurance

    - **Action Description:** On July 14, 2021, the Louisiana Department of Insurance signed a consent order fining VFA $500 for failing to timely report VFA's January 8, 2021 Letter of Acceptance, Waiver, and Consent with FINRA.

    - **Disposition:** VFA signed the agreed final order and paid the fine totaling $500.00.

  - **Details #5:**

    - **Entity Name:** The Variable Annuity Life Insurance Company

    - **Action Title:** Docket/Case Number: 24-012-I

    - **Action Date:** 08/05/2024

    - **Court/Body Name and Location:** State of Vermont Department of Financial Regulation

    - **Action Description:** On September 5, 2024, The Variable Annuity Life Insurance Company paid a $16,000 voluntary forfeiture to the State of Vermont Department of Financial Regulation to resolve the Department's finding of a violation of V.S.A. Section 2435(b)(3) for failing to notify the Department of a data breach for a Vermont consumer within 14 days of the date the Company discovered the breach or the date the Company provides notice to consumers, whichever is earlier.

    - **Disposition:** Consent order. Administrative Penalty of $16,000.

  - **Details #6:**

    - **Entity Name:** American General Life Insurance Company

    - **Action Title:** Docket/Case No.: 400072-24-CO

    - **Action Date:** 10/07/2024

    - **Court/Body Name and Location:** Florida Office of Insurance Regulation

    - **Action Description:** On October 2, 2024, American General Life Insurance Company paid a $13,500 voluntary forfeiture, $12,500 in fines and $1,000 in administrative cost, to the Florida Office of Financial Regulation to resolve the Department's finding of a violation of 627.9175(1) and Rule 69O-137.004 for failure to timely file Form OIR-B2-1094, "Report of Gross Annual Premiums and Enrollment Data for Health Benefit Plans Issued to Florida Residents", with the OIR covering the preceding calendar year on or before April 1, 2024.

    - **Disposition:** Consent Order. Administrative Fine of $13,500.

  - **Details #7:**

    - **Entity Name:** The United States Life Insurance Company in the City of New York

    - **Action Title:** Docket/Case No: 400071-24-CO

    - **Action Date:** 10/07/2024

    - **Court/Body Name and Location:** Florida Office of Insurance Regulation

    - **Action Description:** On October 8, 2024, the United States Life Insurance Company in the City of New York paid a $13,500 voluntary forfeiture, $12,500 in fines and $1,000 in administrative costs, to the Florida Office of Financial Regulation to resolve the Department's finding of a violation of 627.9175(1) and Rule 69O-137.004 for failure to timely file Form OIR-B2-1094, "Report of Gross Annual Premiums and Enrollment Data for Health Benefit Plans Issued to Florida Residents", with the OIR covering the preceding calendar year on or before April 1, 2024.

    - **Disposition:** Consent Order. Administrative Fine of $13,500.

  - **Details #8:**

    - **Entity Name:** The Variable Annuity Life Insurance Company

    - **Action Title:** Docket/Case No: 400070-24-CO

    - **Action Date:** 12/18/2024

    - **Court/Body Name and Location:** Florida Office of Insurance Regulation

    - **Action Description:** On December 17, 2024, The Variable Annuity Life Insurance Company paid a $13,500 voluntary forfeiture, $12,500 in fines and $1,000 in administrative cost, to the Florida Office of Financial Regulation to resolve the Department's finding of a violation of 627.9175(1) and Rule 69O-137.004 for failure to timely file Form OIR-B2-1094, "Report of Gross Annual Premiums and Enrollment Data for Health Benefit Plans Issued to Florida Residents", with the OIR covering the preceding calendar year on or before April 1, 2024. The Consent Order was executed on December 18, 2024.

    - **Disposition:** Consent Order. Administrative Fine of $13,500.

  - **Details #9:**

    - **Entity Name:** American General Life Insurance Company

    - **Action Title:** Docket/Case No: 2024JRT260 and 2024JRT235

    - **Action Date:** 02/11/2025

    - **Court/Body Name and Location:** Kentucky Department of Insurance

    - **Action Description:** On February 11, 2025, American General Life Insurance Company paid a $6,000 Civil Penalty to the Kentucky Department of Insurance to resolve the Department's findings related to the failure to timely comply with the Department's request for a response and properly maintain its records.

    - **Disposition:** The Company submitted an explanation letter and paid the civil penalties totaling $6,000.

  - **Details #10:**

    - **Entity Name:** American General Life Insurance Company

    - **Action Title:** Docket/Case No.: 2025-4751

    - **Action Date:** 03/27/2025

    - **Court/Body Name and Location:** Utah Insurance Department

    - **Action Description:** On April 23, 2025, American General Life Insurance Company paid $160,500 voluntary forfeiture to the Utah Insurance Department to resolve the Department's finding that the Company was liable for violations conducted by an appointed agent under Utah Code 31A-23a-405(2).

    - **Disposition:** Order. Voluntary forfeiture of $160,500.

- **Federal/State agency denied, suspended, or revoked authorization?:** No

- **Federal/State agency entered an order against the applicant?:** Yes

  - **Details #1:**

    - **Entity Name:** American General Life Insurance Company American International Group, Inc.

    - **Action Title:** In the Matter of, American General Life Insurance Company American International

    - **Action Date:** 01/28/2021

    - **Court/Body Name and Location:** New York State Department of Financial Services

    - **Action Description:** American International Group, Inc. ("AIG") and AGL entered into a consent order with New York State Department of Financial Services finding that AGL had conducted an insurance business in New York without a New York license in connection with its Pension Risk Transfer ("PRT") business, in violation of insurance law section 1102(A).

    - **Disposition:** Order made findings only against AGL. AGL paid a $12,000,000 civil penalty on 02/05/2021. Pursuant to the order, AGL will also take agreed upon actions with respect to NY-based participants in legacy and future PRT transactions.

  - **Details #2:**

    - **Entity Name:** American General Life Insurance Company

    - **Action Title:** In the Matter of American General Life Insurance Company, Docket No. 4516

    - **Action Date:** 08/12/2021

    - **Court/Body Name and Location:** State of Delaware Department of Insurance

    - **Action Description:** On August 12, 2021, American General Life Insurance Company paid a $106,000 administrative fine to the Delaware Department of Insurance to resolve alleged violations arising out of the state's routine market conduct examination of the company's individual life and individual annuity business.

    - **Disposition:** Stipulation and Consent. Administrative Penalty in the amount of $106,000.

  - **Details #3:**

    - **Entity Name:** The Variable Annuity Life Insurance Company

    - **Action Title:** In the Matter of The Variable Annuity Life Insurance Company, No. 2021-0089-S

    - **Action Date:** 09/21/2021

    - **Court/Body Name and Location:** New York State Department of Financial Services

    - **Action Description:** On September 17, 2021, VALIC paid a $230,820 administrative fine to the NYSDFS to resolve alleged violations arising out of the state's routine market conduct examination of the company's group and individual annuity business.

    - **Disposition:** Consent Order. Administrative Penalty in the amount of $230,820.

  - **Details #4:**

    - **Entity Name:** American General Life Insurance Company

    - **Action Title:** In the Matter of American General Life Insurance Company; No. MIA-2021-09-023

    - **Action Date:** 09/30/2021

    - **Court/Body Name and Location:** Maryland Insurance Administration

    - **Action Description:** On September 21, 2021, American General Life Insurance Company paid a $32,250.00 administrative fine to the Maryland Insurance Administration to resolve alleged violations arising out of the State's routine market conduct examination of the Company's individual life insurance business, covering the time period of June 1, 2018 through January 31, 2020.

    - **Disposition:** Order. Administrative Fine in the amount of $32,250.

  - **Details #5:**

    - **Entity Name:** The United States Life Insurance Company in the City of New York

    - **Action Title:** In the Matter of The United States Life Insurance Company, No. 2020-0232-S

    - **Action Date:** 12/12/2023

    - **Court/Body Name and Location:** New York State Department of Financial Services

    - **Action Description:** On December 12, 2023, The United States Life Insurance Company in the City of New York ("USL") paid a $5,146,245 civil penalty to the NYSDFS to resolve alleged violations arising out of the state's routine market conduct examination.

    - **Disposition:** Consent order. Civil Penalty in the amount of $5,146,245.

  - **Details #6:**

    - **Entity Name:** American General Life Insurance Company

    - **Action Title:** In Re: American General Life Insurance Company, Docket No.: Ins. No. 24-012-EP

    - **Action Date:** 04/03/2024

    - **Court/Body Name and Location:** New Hampshire Insurance Department

    - **Action Description:** On March 30, 2024, American General Life Insurance Company paid an administrative penalty of $2,500 to the New Hampshire Insurance Department to resolve alleged violations that the Company violated NH RSA 400-A:16, II by failing to respond within 10 working days to the NHID's January 10, 2024 request and by failing to respond within 10 working days to the NHID's January 30, 2024 request.

    - **Disposition:** Consent Order. Administrative Fine in the amount of $2,500.

  - **Details #7:**

    - **Entity Name:** The Variable Annuity Life Insurance Company

    - **Action Title:** Docket No. 24-012-I

    - **Action Date:** 08/05/2024

    - **Court/Body Name and Location:** State of Vermont Department of Financial Regulation

    - **Action Description:** On September 5, 2024, The Variable Annuity Life Insurance Company paid a $16,000 voluntary forfeiture to the State of Vermont Department of Financial Regulation to resolve the Department's finding of a violation of V.S.A. Section 2435(b)(3) for failing to notify the Department of a data breach for a Vermont consumer within 14 days of the date the Company discovered the breach or the date the Company provides notice to consumers, whichever is earlier.

    - **Disposition:** Consent Order. Administrative Penalty of $16,000.

  - **Details #8:**

    - **Entity Name:** American General Life Insurance Company

    - **Action Title:** Docket/Case No.: 400072-24-CO

    - **Action Date:** 10/07/2024

    - **Court/Body Name and Location:** Florida Office of Insurance Regulation

    - **Action Description:** On October 2, 2024, American General Life Insurance Company paid a $13,500 voluntary forfeiture, $12,500 in fines and $1,000 in administrative cost, to the Florida Office of Financial Regulation to resolve the Department's finding of a violation of 627.9175(1) and Rule 69O-137.004 for failure to timely file Form OIR-B2-1094, "Report of Gross Annual Premiums and Enrollment Data for Health Benefit Plans Issued to Florida Residents", with the OIR covering the preceding calendar year on or before April 1, 2024.

    - **Disposition:** Consent Order. Administrative Fine of $13,500.

  - **Details #9:**

    - **Entity Name:** The United State Life Insurance Company in the City of New York

    - **Action Title:** Docket/Case No.: 400071-24-CO

    - **Action Date:** 10/07/2024

    - **Court/Body Name and Location:** Florida Office of Insurance Regulation

    - **Action Description:** On October 8, 2024, The United States Life Insurance Company in the City of New York paid a $13,500 voluntary forfeiture, $12,500 in fines and $1,000 in administrative cost, to the Florida Office of Financial Regulation to resolve the Department's finding of a violation of 627.9175(1) and Rule 69O-137.004 for failure to timely file Form OIR-B2-1094, "Report of Gross Annual Premiums and Enrollment Data for Health Benefit Plans Issued to Florida Residents", with the OIR covering the preceding calendar year on or before April 1, 2024.

    - **Disposition:** Consent Order. Administrative Fine of $13,500.

  - **Details #10:**

    - **Entity Name:** The Variable Annuity Life Insurance Company

    - **Action Title:** Docket/Case No: 400070-24-CO

    - **Action Date:** 12/18/2024

    - **Court/Body Name and Location:** Florida Office of Insurance Regulation

    - **Action Description:** On December 17, 2024, The Variable Annuity Life Insurance Company paid a $13,500 voluntary forfeiture, $12,500 in fines and $1,000 in administrative cost, to the Florida Office of Financial Regulation to resolve the Department's finding of a violation of 627.9175(1) and Rule 69O-137.004 for failure to timely file Form OIR-B2-1094, "Report of Gross Annual Premiums and Enrollment Data for Health Benefit Plans Issued to Florida Residents", with the OIR covering the preceding calendar year on or before April 1, 2024. The Consent Order was executed on December 18, 2024.

    - **Disposition:** Consent Order. Administrative Fine of $13,500.

  - **Details #11:**

    - **Entity Name:** American General Life Insurance Company

    - **Action Title:** Docket/Case No: 2024JRT260 and 2024JRT235

    - **Action Date:** 02/11/2025

    - **Court/Body Name and Location:** Kentucky Department of Insurance

    - **Action Description:** On February 11, 2025, American General Life Insurance Company paid a $6,000 Civil Penalty to the Kentucky Department of Insurance to resolve the Department's findings related to the failure to timely comply with the Department's request for a response and properly maintain its records.

    - **Disposition:** The Company submitted an explanation letter and paid the civil penalties totaling $6,000.

  - **Details #12:**

    - **Entity Name:** American General Life Insurance Company

    - **Action Title:** Docket/Case No.: 2025-4751

    - **Action Date:** 03/27/2025

    - **Court/Body Name and Location:** Utah Insurance Department

    - **Action Description:** On April 23, 2025, American General Life Insurance Company paid $160,500 voluntary forfeiture to the Utah Insurance Department to resolve the Department's finding that the Company was liable for violations conducted by an appointed agent under Utah Code 31A-23a-405(2).

    - **Disposition:** Order. Voluntary forfeiture of $160,500.

- **Federal/State agency denied, suspended, or revoked registration?:** No

- **Federal/State agency revoked or suspended a license?:** No

- **SRO found a false statement or omission?:** No

- **SRO found a violation of its rules?:** Yes

  - **Details #1:**

    - **Entity Name:** AIG Capital Services, Inc.

    - **Action Title:** Docket/Case Number: C11000014

    - **Action Date:** 07/07/2000

    - **Court/Body Name and Location:** National Association of Securities Dealers, Inc.

    - **Action Description:** The NASD alleged AIG Capital Services, Inc. ("ACS") failed to establish, maintain, and enforce written supervisory procedures reasonably designed to achieve compliance with applicable rules of NASD, to ensure (I) the timely filing and processing of registration applications; (II) the timely filing and processing of notices reporting terminations of employment; and (III) that its registered representatives fulfilled the requirements of the regulatory element of the continuing education program.

    - **Disposition:** AWC/Sanctions Ordered: Censure, Monetary Fine $75,000.00.

  - **Details #2:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** Docket/Case Number: 2014042360001

    - **Action Date:** 11/28/2016

    - **Court/Body Name and Location:** FINRA

    - **Action Description:** Alleged violations of NASD Rule 3010)(A)(B) and FINRA Rules 2010, 2330( C), (D), and E.

    - **Disposition:** AWC: Censure, Monetary Fine $1,750,000

  - **Details #3:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** Matter No. 2018060548501

    - **Action Date:** 01/08/2021

    - **Court/Body Name and Location:** FINRA

    - **Action Description:** On January 8, 2021, VALIC Financial Advisors, Inc. (VFA) completed a Letter of Acceptance, Waiver and Consent (AWC) with FINRA for the purpose of settling alleged FINRA rule violations that it failed to (i) establish a reasonably designed system and written supervisory procedures to monitor rates of variable annuity exchanges and implement corrective action in the case of inappropriate exchanges, violating FINRA Rules 2330(d), 3110, and 2010; (ii) reasonably supervise recommendations involving the investment of additional funds in an existing variable annuity, violating FINRA Rules 3110 and 2010, and (iii) timely report statistical and summary information for certain customer complaints during a specified period, violating FINRA Rules 4530(d) and 2010. VFA neither admitted nor denied FINRA's findings. Solely for the purpose of settling the proceeding, VFA consented to a censure and a fine of $350,000.

    - **Disposition:** VFA neither admitted nor denied FINRA's findings. Solely for the purpose of settling the proceeding, VFA consented to a censure and a fine of $350,000.

  - **Details #4:**

    - **Entity Name:** VALIC Financial Advisors, Inc. (VFA)

    - **Action Title:** Docket/Case Number: E062005009701

    - **Action Date:** 10/31/2006

    - **Court/Body Name and Location:** FINRA

    - **Action Description:** NASD Rules 2110, 2830(k), 3010, 3070 - Respondent member violated the directed brokerage provisions by accepting directed brokerage commissions in exchange for providing a mutual fund company with preferred access to its sales force. The findings stated that the firm failed to report, or to timely report, disclosure events pursuant to NASD Rule 3070. The findings also stated that the firm failed to establish, maintain, and enforce a system and procedures reasonably designed to achieve compliance with Federal Securities Laws and NASD Rule 3070 Reporting Requirements.

    - **Disposition:** Without admitting or denying the findings, VALIC Financial Advisors, Inc. consented to the described sanctions and to the entry of findings, therefore, the firm was censured and fined $250,000.

- **SRO denied, suspended, or revoked authorization?:** No

- **SRO revoked or suspended a license?:** No

- **Subject of an order or finding by a foreign financial regulatory authority?:** No

- **Currently the subject of any proceeding that could result in a 'yes' answer to any of the above?:** No

- **Had a bond revoked for disorderly conduct, fraud, or dishonesty?:** No

- **Have any unsatisfied judgments or liens against them?:** No

### Signature

**Signature:** Jennifer Powell

**Title:** Chief Compliance Officer

**Date:** 07/17/2025

**Phone Number:** 713-831-4954