Who Regulates Indexed Annuities? 
Indexed Annuities are regulated by the state that they are sold in . Indexed Annuities experience growth `` related '' to the growth of an index of the stock market . The federal government regulates securities , but since indexed annuities offer some opportunities for fixed interest they have been declared fixed products and not securities . Indexed annuities are complex investments and vary widely by product and company . Make sure that your insurance broker explains to you the way interest is credited and your ability to access the money . 