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Congress Oct 2013 - "National Association of Registered Agents and Brokers Reform Act of 2013"

Congress Oct 2013 - "National Association of Registered Agents and Brokers Reform Act of 2013"

Congress Oct 2013 - "National Association of Registered Agents and Brokers Reform Act of 2013"

Excerpt


National Association of Registered Agents and Brokers Reform Act of 2013


This bill would repeal some of the previous contingent conditions that were established under the Gramm-Leach-Bliley Act that limited the oversight ability of the National Association of Registered Agents and Brokers (NARAB). If passed, this legislation would permit NARAB to basically regulate broker and agent activities for consumer protection. It would also approve the licensing and insurance producer qualification requirements and conditions across all states.


 



 


 



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