D) Jonas, a financial planner who markets and places annuity products for retirement planning, will be held to the standards of revised Regulation 187.
Revised Regulation 187, also known as the Suitability in Annuity Transactions regulation, imposes new requirements on insurance producers and insurers when recommending annuity products to consumers. Specifically, it requires producers to act in the best interest of the consumer when recommending an annuity product, taking into account the consumer's financial situation, insurance needs, and other relevant factors. The regulation applies to insurance producers who market and sell annuity products, including financial planners like Jonas.
Option A (Helen, a life settlement producer), option B (Franklin, the majority owner of a small company that sponsors a nonqualified deferred compensation plan for the company's officers), and option C (Timothy, a commercial lines insurance producer) are not directly related to the sale of annuity products and thus are not subject to the requirements of revised Regulation 187.