Who Regulates Annuities? 
Annuities are regulated by a few various entities , depending on the type of Annuity . All Annuities are regulated by the department of insurance in the state the annuity was sold . Variable Annuities , which participate directly in the stock market via managed funds , are regulated by other entities as well . Which one depends on the broker who sold you the Annuity . FINRA , State Securities Department , & the SEC all regulate registered reps/stock brokers/asset managers/etc . 