If you want to be entertained for a while, buy me a drink and ask me my opinion on regulation within our industry. For some reason, regulators believe that the best way to ensure customers are protected is to create more paper. I believe you can't regulate ethics. You either have them or you don't. No amount of extra paper will change that.
Now that I've got that off my chest, I want to bring you up to speed on something that directly affects your livelihood. If you sell annuities, you've probably heard rumblings about NAIC and product training. Although I don't think it's remotely possible to make the subject clear, I'll try to at least give you a place to start.