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Structured Products Association: You recently stated that the US structured products industry is poised for the type of explosive growth experienced by equity indexed annuities in recent years. What's the rationale for your prediction?

David Macchia: To be clear, I believe that the growth potential for the structured products industry outpaces by a wide margin what we saw occur with equity-indexed annuities. It's all about the importance of the value proposition that can be delivered via

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