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Senate Misses Chance to Pass SECURE Act, But Some Think There’s Still Hope

In the afternoon of November 21, the Senate passed the House of Representatives' version of a continuing resolution (CR) that temporarily funded the government until December 20.  Sadly, however, the Senate did not attach the [...]

By | November 22nd, 2019|Categories: News Alerts|0 Comments

Statement of NAIFA-NYS President Phil Held on the Passing of Senator William Larkin

The life insurance agents and financial advisors join the many other New Yorkers mourning the passing of longtime state Senator William Larkin.  Our sympathies go out to his wife, Pat, son Bill, and many other [...]

By | September 3rd, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|0 Comments

Departure of DOL Secretary May Delay Fiduciary Rule Rewrite

The resignation of DOL Secretary Alexander Acosta on July 12 may impact the agency's rewrite of its controversial fiduciary duty rule, as it's unclear whether an Acting Secretary─not confirmed by the Senate, in other words─would [...]

By | July 12th, 2019|Categories: News Alerts|0 Comments

NYS Assembly Passes Our CE Credit Bill, 101-0

On June 18, the New York State Assembly approved unanimously—in a 101-0 vote—the NAIFA-NYS continuing education (CE) credit bill.  The legislation, which passed the NYS Senate 60-0 on June 7, would require the Superintendent of [...]

By | June 18th, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|0 Comments

NYS Senate Passes Our CE Credit Bill, 60-0

In the afternoon of Tuesday, June 4 the NYS Senate passed our Continuing Education Credit bill (S4365) in a 60-0 vote — a big win for NAIFA-NYS advocacy.  The bill would grant three (3) CE [...]

By | June 7th, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|0 Comments

U.S. House Passes SECURE Act, 417-3

In a resounding show of bipartisan support, the U.S. House of Representatives passed this morning the Setting Every Community Up for Retirement Enhancement (SECURE) Act, or HR 1994, by a vote of 417-3.  The bill [...]

By | May 23rd, 2019|Categories: News Alerts|0 Comments