Iowa and Arizona are the first states to introduce measures that would implement a model standard of care for annuity sales developed by the National Association of Insurance Commissioners (NAIC). NAIFA chapters in both states successfully advocated for the NAIC model.
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State Advocacy: NAIFA Promotes Iowa and Arizona Annuity Sales Standards
By Mark Briscoe on 3/5/20 9:54 AM
Topics: Life Insurance & Annuities Standard of Care & Consumer Protection Arizona Iowa Insurance & Financial Advisor Regulation
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State Advocacy Impact! NAIFA Helps Reshape Massachusetts Fiduciary Proposal
By NAIFA on 3/2/20 8:39 AM
A funny thing happened on the way to the final version of the Massachusetts Securities Division’s fiduciary rule for broker dealers and their registered representatives. NAIFA’s grassroots army made their presence known and helped to reshape what could have been a disastrous regulation for insurance and financial professionals and the Main Street consumers who rely on them for products, services, and guidance.
Topics: Grassroots Insurance & Financial Advisor Regulation Massachusetts
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Massachusetts Adopts Final Fiduciary Duty Rule Financial Professionals
By NAIFA on 2/24/20 9:53 AM
Topics: State Advocacy Standard of Care & Consumer Protection Insurance & Financial Advisor Regulation Massachusetts Fiduciary
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NAIFA State Advocacy Is on a Roll!
By NAIFA on 2/7/20 3:03 PM
Topics: State Advocacy Insurance & Financial Advisor Regulation
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Waiver On Initial Insurance Licensing Fees For Veterans Becomes Law In New Jersey
By NAIFA on 1/22/20 10:34 AM
Topics: State Advocacy New Jersey Veterans Insurance & Financial Advisor Regulation Producer Licensing & CE
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NAIFA-New Jersey Promotes Law To Protect Seniors From Financial Exploitation
By NAIFA on 1/16/20 2:23 PM
Topics: State Advocacy Standard of Care & Consumer Protection New Jersey Insurance & Financial Advisor Regulation Senior Financial Protection
Gov. Baker Expresses Concern About Massachusetts Fiduciary Proposal
By NAIFA on 1/8/20 2:51 PM
Topics: State Advocacy Standard of Care & Consumer Protection Insurance & Financial Advisor Regulation Massachusetts Fiduciary
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NAIFA's Mayeux To Testify On Massachusetts Fiduciary Proposal
By Mark Briscoe on 1/6/20 11:32 PM
NAIFA CEO Kevin Mayeux is set to testify tomorrow before the Massachusetts Securities Division concerning the state’s proposed fiduciary duty for insurance and financial professionals (i.e., proposed amendments to 950 CMR 12.200). He will testify on behalf of NAIFA’s national organization and the NAIFA-Massachusetts state chapter.