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Advocacy in action blog

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Proposed SEC Rule Is Hostile to the Use of Technology

By NAIFA on 9/14/23 3:54 PM

The insurance and financial services industry uses technology to best serve clients and offer a broad range of products and services at affordable prices. However, a proposed rule by the Securities and Exchange Commission is “outright hostile to the use of technology,” according to a letter sent to SEC Secretary Vanessa Countryman by NAIFA and a group of coalition partners.

Topics: Legislation & Regulations SEC FinTech