News
August 31, 2010
This week's NAILBA Now includes information about the Mooers Award Nomination deadline, the NAILBA 29 Early Registration Deadline, new NAILBA member agencies, the new BGA Contracts Manual, and more. Check your e-inbox or read it online here.
August 31, 2010
Mooers Award Nomination Deadline Extended to September 7!Last call for Mooers Award Nominations! Take advantage of this opportunity to recognize a worthy colleague who has made a lifelong commitment to the brokerage community.
Individuals in the brokerage community are strongly encouraged to submit a nomination for the 2010 Douglas H. Mooers Award of Excellence. As you know, this award is the highest honor presented to an individual in the brokerage community, and recognizes individuals whose...
August 27, 2010
The deadline for the Mooers Award Nominations has been extended to September 7. Get more information about this prestigious award, including a nomination form, by clicking here.
August 17, 2010
Mooers Award: Call for Nominations – Deadline August 27!Individuals in the brokerage community are invited to submit a nomination for the 2010 Douglas H. Mooers Award of Excellence. As you know, this award is the highest honor presented to an individual in the brokerage community, and recognizes individuals whose achievements demonstrate outstanding commitment to independent life brokerage and the insurance world. The awardee will be recognized at NAILBA 29 at the Douglas H. Mooers Award Dinner...
August 3, 2010
Foundation Grant Application: Deadline This Friday, August 6!The deadline for Grant Applications to be received in the NAILBA offices is this week. Don’t miss this opportunity to secure grant funding in the 2010 grant awards cycle of the NAILBA Charitable Foundation. Have you worked with your local charity to submit an application yet?
In 2009, the Foundation awarded nearly a quarter of a million dollars in funding to a dozen worthy charities supported by NAILBA members. To read more...
July 20, 2010
Legislative UpdateSenate Passes Historic Wall Street Reform BillLast week, the Senate passed H.R.4173, the Wall Street Reform and Consumer Protection Act on a 60-39 vote.
The bill is the most comprehensive regulatory reform of the financial services industry since the Great Depression. It includes provisions that would require the Securities and Exchange Commission to conduct a six-month study of the standards of care used by brokers, dealers and investment advisors; establish a Consumer...
July 15, 2010
This afternoon, the Senate passed H.R.4173, the Wall Street Reform and Consumer Protection Act on a 60-39 vote.
The bill is the most comprehensive regulatory reform of the financial services industry since the Great Depression. It includes provisions that would require the Securities and Exchange Commission to conduct a six-month study of the standards of care used by brokers, dealers and investment advisors; establish a Consumer Finance Protection Agency; preempt implementation of SEC...
July 14, 2010
Federal Court of Appeals Vacates SEC Rule 151a
On Monday, July 12 the United States Court of Appeals for the District of Columbia vacated SEC Rule 151a in the case of American Equity v. SEC (No. 09-121).
The three judge panel vacated Rule 151a in lieu of granting the petitioners’ request for a rehearing on the matter, citing the SEC’s failure to appropriately “consider the effect of the rule upon efficiency, competition, and capital formation.”
Rule 151a will not go into effect and jurisdiction...
July 6, 2010
Update on Regulatory ReformNAILBA Member agency principals received an Issues Alert on June 25 sharing an update on the progress of Regulatory Reform. Read the Issue Alert here!
The House of Representatives has voted 237-192 to approve the Financial Services Regulatory Reform legislation (H.R.4173, The Wall Street Reform and Consumer Protection Act) as amended by the Congressional conference committee tasked with reconciling the House and Senate versions of the legislation.
However, the death...
June 25, 2010
Early this morning, the Congressional conference committee tasked with reconciling the House and Senate versions of Financial Services Regulatory Reform legislation (H.R.4173, The Wall Street Reform and Consumer Protection Act) agreed on a compromise bill that will be sent to Congress for a final up-or-down vote before going to President Obama for his signature.
NAILBA has a key interest in multiple provisions of this bill:
A compromise was reached on the standards of care issue. Instead...
Quick Links
Sales & Marketing Tips
Coming soon