NY has its own rules. Check with Ray he can likely point you in the right direction.
I already mentioned it to OP via PM but for anyone else reading the thread, you should not contract with an IMO to get Penn Mutual in NY.
They halted their "special marketer" arrangements in NY last year so you'll either be assigning commissions or taking a below street contract working through an IMO.
Just call your local office direct.
As for the annuities, you need a few carriers in NY that most IMOs will not have (restricted distribution) so while I'm partial to my shop, even if we are not a fit, one should still look for a NY based IMO.