Who Are Variable Annuities Regulated By? 
Who are Variable Annuities Regulated by ? Primarily because variable annuities involve securities -LRB- mutual funds -RRB- they are regulated by the SEC . Oversight comes from other sources as well such as Finra and state insurance offices . An agent collects detailed information from the applicant to verify suitability of the purchase as it applies towards the applicant 's goals and risk tolerances . 