On the Hill

SEC Proposes New Fiduciary Standard

Last week, the Securities and Exchange Commission released a new proposed rule on standards of conduct for investment professionals. The proposal arrives amid uncertainty surrounding the Department of Labor fiduciary rule.

Big ‘I’ Submits Comments on Short-Term Health Rule

On Monday, the Big “I” submitted a letter to the Internal Revenue Service, the Department of Labor and the Department of Health and Human Services regarding a proposal to permit short-term limited duration health insurance plans to last up to one year.

Big ‘I’ Continues Advocacy on Tax Issues

The Big “I” is working with a coalition of other producer groups to advocate on behalf of agencies and brokerages regarding provisions of the new tax law that relate to pass-through entities.

Big ‘I’ Chairman: ‘We Must Evolve’

In his State of the Association address, Vaughn Graham, Big “I” chairman, highlighted the role of the Big “I” in positioning independent agents for the future.

Controversial Farm Bill Draft Released

The bill is wrapped in partisan controversy related to the Supplemental Nutrition Assistance Program. However, the bill provisions that relate to the Federal Crop Insurance Program have not been a point of contention.