Wednesday, November 25, 2009
Life Groups Ask Dodd to Ditch RIA Provision in Regulation Bill
Requiring insurance agents to register as advisors costly, counterproductive, groups say -- Trade groups representing life insurance agents are asking Senator Christopher Dodd (D-Connecticut), chairman of the Senate Banking Committee, to reconsider Section 913 of his bill, Restoring American Financial Stability Act, which would force life insurance agents to register as investment advisors... Investment Advisor: Life Groups Ask Dodd to Ditch RIA Provision in Regulation Bill
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