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July 21, 2010
Reprinted with permission from National Underwriter Life & Health
For life insurance agents and brokers, an important aspect of the Dodd-Frank Wall Street Reform and Consumer Protection Act is Section 913. This Section requires the U.S Securities and Exchange Commission to study the standard of care that sellers of securities should follow, then develop a standard-of-care regulation. In his article entitled "Obama Signs H.R. 4173" published in National Underwriter Life & Health, Arthur D. Postal interviews Sutherland Partner Eric A. Arnold about Section 913.