Skip to content

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 25 IRI letter

Link to May 26 IRI press release

Bill history

# # #

Contact: Dan Zielinski

Stay Informed

Latest News

February 26, 2024

IRI VISION: BUILDING EFFICIENCY THROUGH TRANSPARENCY

Nearly every consumer transaction, from pizza orders to the status of a mortgage approval, can be tracked in real-time. As…

Read more
February 21, 2024

IRI OFFERS PROPOSALS FOR U.S. TREASURY FINANCIAL INCLUSION STRATEGY

WASHINGTON, D.C. – The Insured Retirement Institute (IRI)  offered several proposals to assist the U.S. Treasury Department in developing a…

Read more
February 15, 2024

IRI VISION – PROPOSED DOL RULE IMPERILS RETIREMENT SECURITY FOR MILLIONS

Today, the Insured Retirement Institute (IRI) is testifying at a second U.S. House of Representatives hearing about the flawed U.S….

Read more
Scroll To Top