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
SENATE COMMITTEE PASSES RETIREMENT SECURITY MEASURE
WASHINGTON, D.C. – A Senate committee today approved a measure to expand employee access to workplace retirement plans. The Senate…
IRI ANNOUNCES FOUR NEW MEMBERS OF BOARD OF DIRECTORS
The Insured Retirement Institute (IRI) today announced changes to its board of directors. The four new members of the IRI…
IRI SAYS PROPOSED SENATE RETIREMENT LEGISLATION IS “ANOTHER STEP FORWARD”
Association Praises Effort, Recommends Additional Provisions WASHINGTON, D.C. – A Senate committee’s draft retirement legislation is another step forward toward…