@article {Casey64, author = {Brian T. Casey and Thomas D. Sherman}, title = {Common Securities Law Questions in the Life Settlements and Life Insurance Premium Finance Industries}, volume = {14}, number = {2}, pages = {64--69}, year = {2008}, doi = {10.3905/jsf.2008.709960}, publisher = {Institutional Investor Journals Umbrella}, abstract = {This article examines three securities-related questions frequently encountered in the life settlements, or secondary life insurance, and the life insurance premium finance markets: 1) Life insurance policy put or call agreement: Is it a security? 2) A fund that owns life-settlement-acquired life insurance policies of life insurance premium finance loans: Is it an investment company? 3) Life insurance premium finance loan: Is it a security? The questions are analyzed only under the federal securities laws, but a similar analysis would obtain under most states{\textquoteright} securities laws where they apply.TOPICS: Legal and regulatory issues for structured finance, legal/regulatory/public policy}, issn = {1551-9783}, URL = {https://jsf.pm-research.com/content/14/2/64}, eprint = {https://jsf.pm-research.com/content/14/2/64.full.pdf}, journal = {The Journal of Structured Finance} }