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2012

Advocacy in action blog

3 min read

NAIFA Supports New Congressional Caucus to Promote Financial Security

By NAIFA on 4/14/23 4:18 PM

NAIFA applauds the leadership of Representatives Young Kim (R-CA) and Joyce Beatty (D-OH) on the relaunch of the Congressional Financial Literacy and Wealth Creation Caucus for the 118th Congress. The Congresswomen are an excellent duo to co-chair this bipartisan group of legislators committed to empowering Americans with the tools needed to build wealth and achieve financial stability.

Topics: Financial Literacy Financial Security Federal Advocacy Congress Congressional Conference
1 min read

NAIFA Supports Legislation to Address Financial Exploitation of Seniors

By Mike Hedge on 1/31/23 4:14 PM

The U.S. House of Representatives passed H.R.500, the Financial Exploitation Prevention Act of 2023, by a bipartisan vote of 419-0 on January 30. H.R. 500 was introduced by Rep. Ann Wagner, (R-MO), Chairwoman of the House Financial Services subcommittee on Capital Markets. 

Topics: Legislation & Regulations Federal Advocacy Congress Supported Legislation Senior Financial Protection
1 min read

NAIFA's Mayeux Contributes to Article Supporting Remote Online Notarization Bill

By NAIFA on 8/19/22 11:39 AM

NAIFA CEO Kevin Mayeux is a contributing author of an article in the publication Real Clear Policy arguing in favor of federal legislation allowing remote online notarization (RON). NAIFA has been a strong proponent of RON and urged passage of the SECURE Notarization Act because it would set a national standard and be a great benefit to NAIFA members and their clients who routinely complete financial transactions that require notarized documents.

Topics: Federal Advocacy Congress Insurance & Financial Advisor Regulation Remote Notarization Producer Sales & Marketing
1 min read

House Committee Passes Bill Revising Process for Registering Index-Linked Annuities

By Michael Hedge, NAIFA's Director of Government Relations on 7/28/22 12:00 PM

On July 28, the House Financial Services Committee voted to advance a bipartisan bill requiring the Securities and Exchange Commission to create a new form for registering index-linked annuities, which allows investors to save for retirement in a more streamlined process.

Topics: Life Insurance & Annuities Federal Advocacy Congress
1 min read

House Passes Remote Notarization Legislation

By Michael Hedge, NAIFA's Director of Government Relations on 7/27/22 12:00 PM

On July 27, the House of Representatives passed H.R.3962 the Securing and Enabling Commerce Using Remote and Electronic Notarization Act (the SECURE Notarization Act). The bill authorizes a notary public to notarize electronic records related to interstate commerce remotely, subject to specified procedures. 

Topics: Federal Advocacy Congress Supported Legislation Remote Notarization Producer Sales & Marketing
1 min read

NAIFA Favors Federal Privacy Protections But Urges Changes to Draft Proposal

By NAIFA on 7/19/22 5:45 PM

NAIFA and other trade associations have sent a letter to influential members of the House Energy and Commerce Committee expressing concerns with the discussion draft of the American Data Privacy and Protection Act, which is a national uniform privacy law proposal.

NAIFA supports federal laws and regulations protecting the confidentiality of personal information and believes policy at the federal level will help avoid problems a variety of confusing and potentially contradictory state laws would cause. NAIFA members provide financial products, services, and advice to Main Street American families and businesses. Their clients entrust them with sensitive personal information, so it is among the highest priorities for our industry that we keep that information secure.

Topics: Federal Advocacy Congress
2 min read

SECURE Notarization Amendment Offered for NDAA

By Mike Hedge on 7/15/22 1:30 PM

The NAIFA-supported SECURE Notarization Act was filed with Rules as an amendment (AMDT #543) to the National Defense Authorization Act (NDAA) on July 8 by Rep. Madeleine Dean (D-PA), Rep. Kelly Armstrong (R-ND), Rep. Ed Perlmutter (D-CO), Rep. Guy Reschenthaler (R-PA), and Rep. Veronica Escobar (D-TX).

 

NAIFA joined with industry partners in a letter to express strong support for NDAA amendment #543. The text of the amendment is taken from H.R. 3962, the SECURE Notarization Act, which has the strong, bipartisan support of 113 cosponsors. 

Topics: Federal Advocacy Congress Remote Notarization Producer Sales & Marketing
1 min read

SECURE 2.0 Takes Next Step Toward Enactment

By NAIFA on 6/21/22 3:42 PM

NAIFA and other interested parties sent a letter of appreciation to the Senate Finance Committee Chairman Wyden (D-OR) and Ranking Member Mike Crapo (R-ID) for their leadership in releasing the Enhancing American Retirement Now (EARN) Act, which would enhance retirement security for many Americans.

Topics: Retirement Planning Federal Advocacy Congress Supported Legislation
3 min read

Senate Committee Advances NAIFA-Supported Retirement Legislation

By NAIFA on 6/15/22 3:59 PM

NAIFA joined other industry organizations in sending a letter to Senators Patty Murray (D-WA) and Richard Burr (R-NC), the Chair and Ranking Member, respectively, of the Senate Committee on Health, Education, Labor and Pensions, thanking them for their bipartisan support for retirement-reform legislation.

Topics: Retirement Planning Federal Advocacy Congress Supported Legislation
1 min read

Bill on Remote Notorization Would Benefit Consumers and Financial Professionals

By Mike Hedge on 5/26/22 2:18 PM

NAIFA has joined with industry partners in a letter to House sponsors of the Securing and Enabling Commerce Using Remote and Electronic Notarization Act urging support for the legislation. The bipartisan legislation (H.R. 3962) was introduced by Representatives Madeleine Dean (D-PA) and Kelly Armstrong (R-ND).

Topics: Federal Advocacy Congress Insurance & Financial Advisor Regulation Supported Legislation Remote Notarization

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