H. J. RES. 209 is a proposed joint resolution aimed at expressing congressional disapproval of a rule issued by the Securities and Exchange Commission (SEC). This SEC rule involves the registration and amendment processes for financial products like Index-Linked Annuities and...
Simple Explanation
H. J. RES. 209 is a plan from Congress saying "no" to new rules about certain types of savings plans called annuities. If Congress agrees, these rules won't be used anymore.