WASHINGTON, D.C. – The Insured Retirement Institute (IRI) issued the following statement by Wayne Chopus, President & CEO on U.S. House of Representatives vote to pass the Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2021 (HR 3962).
“Today, by a bipartisan vote, the House voted to remove regulatory barriers that can impede transparent and safe digital transactions consumers want and expect,” said Wayne Chopus, IRI President and CEO. “IRI leads an industry initiative to advance digital solutions for annuity transactions. We will continue to work with legislators and regulators to identify and address regulatory barriers that require physical signatures on documents when safe, secure technology allows for signature, notarization, and verification virtually and electronically. We will now turn our attention to the Senate to urge approval of this critical legislation.”
Background
Link to May 26 IRI press release
# # #
Contact: Dan Zielinski
Stay Informed
Latest News
IRI RESEARCH: ADOPTION OF DIGITAL FIRST STRATEGIES ARE CRITICAL TO FINANCIAL PROFESSIONALS’ USE OF ANNUITIES
WASHINGTON, D.C. – Recent research by the Insured Retirement Institute (IRI) found that financial professionals who do not currently use…
IRI URGES U.S. DEPARTMENT OF LABOR TO WITHDRAW PROPOSED INVESTMENT ADVICE RULE
WASHINGTON, D.C. — Wayne Chopus, President and CEO and Jason Berkowitz, Chief Legal and Regulatory Affairs Officer, today testified at…
IRI ANNOUNCES 2023 FEDERAL CHAMPION OF RETIREMENT SECURITY AWARD RECIPIENTS
Sen. Tina Smith and Sen. Thom Tillis Recognized for Efforts to Help America’s Workers and Retirees WASHINGTON, D.C. – The Insured…