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NAIFA Government Relations Team

Recent posts by NAIFA Government Relations Team

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NAIFA-NJ Fights Proposed Financial Transaction Tax

By NAIFA Government Relations Team on 10/8/20 3:36 PM

NAIFA-NJ is fighting two bills that establish a tax on high quantity processors of financial transactions, S-2902, and A-4402. NAIFA’s opposition is strengthened by coalition partners that consist of other trade associations representing 200,000 workers in the financial services industry in New Jersey, throughout the U.S., and other business groups in the state. On October 6, the coalition sent a letter to John McKeon, Chairman of the General Assembly, and Senate President Stephen Sweeney. The letter encouraged the lawmakers to consider the following as they debate moving forward with the legislation:

1 min read

NAIFA Encouraging IRS to Permanently Adopt Remote Notarization

By NAIFA Government Relations Team on 10/5/20 6:00 PM

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Trump Administration Issues America-First Healthcare Plan

By NAIFA Government Relations Team on 10/2/20 5:11 PM

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Final IRS Disability Account Rules Expand Contribution Option

By NAIFA Government Relations Team on 10/2/20 5:02 PM

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House Passes the Updated HEROES Act

By NAIFA Government Relations Team on 10/1/20 11:10 PM

The House has passed the updated HEROES Act by a vote of 214 to 207. The partisan bill is not expected to be considered by the Senate. 

2 min read

Voter Registration Deadlines and Early Voting are Coming

By NAIFA Government Relations Team on 9/15/20 9:00 AM

November is just two months away and with it comes two things: First, the relief that of knowing that 2020 is moving into the rearview mirror. The second, and perhaps most important, is Election Day and the checklist of things we have to do before we can cast our ballots.  

5 min read

COVID-19: Changing how we live, work… and vote

By NAIFA Government Relations Team on 4/7/20 5:10 PM

On Sunday, March 29th, President Donald Trump extended his coronavirus guidelines for America, announcing 30 Days to Slow the Spread, effectively extending the minimum time for most Americans to remain at home until April 30th.

Topics: COVID-19
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Which Small Business Loan is Best for Your Clients?

By NAIFA Government Relations Team on 4/1/20 6:16 PM

The trinity of Congressional COVID-19 relief packages acknowledge the importance of small businesses to our economy. The new laws contain numerous provisions to support employers and their workers including small business loans.

Topics: industry news loan Financial Wellness COVID-19
1 min read

NAIFA and Industry Partners Urge Congress to Support SECURE Notarization Act

By NAIFA Government Relations Team on 3/27/20 2:41 PM

On March 26, NAIFA joined industry partners in a letter to Congressional leadership urging support for the inclusion of the Securing and Enabling Commerce Using Remote and Electronic Notarization Act (SECURE Notarization Act), in the legislative package from Congress intended to address the economic fallout from COVID-19. The bipartisan legislation (S. 5355, H.R. 6364) was introduced by Sens. Cramer (R-ND) and Warner (D-VA), and Reps. Reschenthaler (R-PA) and Dean (D-PA).

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SEC Considering Delaying Reg BI Implementation

By NAIFA Government Relations Team on 3/26/20 2:56 PM

In light of the disruptions to normal business operations brought about by efforts to curtail the spread of the Coronavirus, the U.S. Securities and Exchange Commission (SEC) is considering a possible delay in the June 30, 2020 implementation/effective date for compliance with the Commission’s new Regulation Best Interest, which establishes a heightened “best interest” standard of care for broker-dealers and their registered representatives. (In a related matter, the SEC has changed the deadline for BD firms to file their Forms ADV from March 30, 2020 to June 30, 2020.) Although no final decision has been made, the topic has been discussed by SEC leadership. NAIFA has submitted a letter to the SEC requesting a reasonable delay in the Reg BI implementation/effective date, which you can review here.