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 URGES WHITE HOUSE TO CONSIDER MORE RETIREMENT SECURITY MEASURES
Cautions Administration about Impediments to Affordable Financial Advice WASHINGTON, D.C. – As efforts progress to implement a 2022 retirement security…
IRI: GENERATION X SHORT ON RETIREMENT SAVINGS, LONG ON EXPECTATIONS
WASHINGTON, D.C. – Tens of millions of workers in Generation X (Gen X) will approach retirement uneasy about Social Security…
IRI ANNOUNCES CHANGES TO BOARD OF DIRECTORS, EXECUTIVE COMMITTEE
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) announced changes to its board of directors and executive committee. IRI Board…