Melissa Bova joined the Finseca government affairs team in November 2021 as its first vice president of state affairs. She may be contacted at [email protected].
States will focus on budget balancing, taxation and regulatory issues affecting financial professionals.
With the presidential and congressional elections out of the way, it’s time to look at state legislative and regulatory activity that impacts the financial services profession.
Our profession continues to be impacted by laws and regulations in every state.
Industry associations and state regulators joined together to oppose legislation that would have made it more difficult to sell life insurance and annuities.
Regulations and legislation impacting financial security are moving into the state arena in the coming year.
State-run programs to address the costs of long-term care don’t go far enough in serving an individual’s needs.
Increased regulation will hinder middle-income consumers from accessing professional advice.
A New York state regulation has been problematic for consumers looking for access to financial advice and more choices.
Consumers need more access to financial advice and more choices about how to invest.
