Who Regulates Fixed Annuities? 
Like all insurance products , Fixed Annuities are regulated by the State Insurance Department of the state the Annuity was sold in . This includes , Fixed Annuities , Indexed Annuities , & Immediate Annuities/Lifetime Annuities . Variable Annuities are regulated by both the State Insurance Department , as well as FINRA . Depending on the advisor who sold the Variable Annuity , the SEC might have jurisdiction instead of FINRA . 