There may also be requirements linking the purchase of pension revenue streams with the purchase of other financial products. More broadly, the Senators are concerned that innocent investors who purchase the rights to the pensions on a belief that they are worthy and legal investments are being misled or even defrauded by the brokers of these arrangements.
The letter is designed to elicit information on which companies are offering these investments and where the companies are incorporated, as well as details on how these arrangements are structured. The Senators also want information on whether and how many enforcement actions have been brought in this area.