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Advocacy in action blog

“NAIFA is pleased with the U.S. House panel’s decision to repeal the DOL’s independent contractor rule removing confusion and uncertainty resulting from the final rule and preserves the ability of our members to choose to operate as independent contractors. The majority of NAIFA’s members – insurance producers, broker dealer representatives, and/or independent registered investment advisors – are independent contractors who help generate economic growth and financial security to the local communities they serve across the nation.

“NAIFA and our members have been actively involved in the independent contractor discussion with both legislators and regulators and have worked with government officials and partners to help establish common sense rules that benefit financial advisors, insurance producers, and all Americans in the workplace.” See coverage in Investment News.