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 AND CANNEX DEVELOP BREAKTHROUGH SOLUTION TO SIMPLIFY ANNUITY MODELING
Baseline Values Empower Financial Professionals to Include Annuities in Financial Plans WASHINGTON, D.C. – Financial professionals have a new tool…
IRI ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) announced two new members have been elected to its Board of Directors: Mike…
IRI VISION: THE DIGITAL REVOLUTION IN RETIREMENT SERVICES: HOW THE ANNUITY INDUSTRY IS TRANSFORMING
We are at a critical moment in the evolution of the role that digital technology plays in insurance and retirement…