Hr 10 the Financial Services Modernization Act of 1999 Hearings Before the
Hr 10 the Financial Services Modernization Act of 1999 Hearings Before the
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The Council is not advocating the displacement of state law, only the standardization of the licensing components of that state law. I also believe that many state regulators strongly support such uniformity. They have the requisite political will. The logistical impediments to negotiating a nationwide compact among 50 States, however, are obviously onerous. Because of this practical limitation. The Council believes that the opportunity for the States themselves to create a uniform licensing re...gime should be limited to three years.
As I have argued, there is an intense need for reducing the duplicative licensing qualification and application requirements. If the political obstacles to an efficient state-created system prove insurmountable, the initiative should be imposed by the one body that is best able to broker the necessary compromises -- the United States Congress. Specifically, States would be deemed to have established the necessary uniformity if a majority of them: • Have established uniform or reciprocal criteria regarding the integrity, personal qualifications, education, training and experience of licensed insurance producers; • Have established uniform continuing education requirements for licensed producers; and • Do not impose any requirement upon any licensed producer that has the effect of limiting or conditioning that producer's activities due to the producer's residence or place of operations.
What to read after Hr 10 the Financial Services Modernization Act of 1999 Hearings Before the?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Banki to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The Council is not advocating the displacement of state law, only the standardization of the licensing components of that state law. I also believe that many state regulators strongly support such uniformity. They have the requisite political will. The logistical impediments to negotiating a nationwide compact among 50 States, however, are obviously onerous. Because of this practical limitation. The Council believes that the opportunity for the States themselves to create a uniform licensing re...gime should be limited to three years.
As I have argued, there is an intense need for reducing the duplicative licensing qualification and application requirements. If the political obstacles to an efficient state-created system prove insurmountable, the initiative should be imposed by the one body that is best able to broker the necessary compromises -- the United States Congress. Specifically, States would be deemed to have established the necessary uniformity if a majority of them: • Have established uniform or reciprocal criteria regarding the integrity, personal qualifications, education, training and experience of licensed insurance producers; • Have established uniform continuing education requirements for licensed producers; and • Do not impose any requirement upon any licensed producer that has the effect of limiting or conditioning that producer's activities due to the producer's residence or place of operations.
What to read after Hr 10 the Financial Services Modernization Act of 1999 Hearings Before the?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Banki to read onlineMoreLess
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