Decoding D.C.

AALU’s weekly Government Affairs product covering essential policy and politics for the advisor.


Who in Congress worked in Life Insurance?; Are YOU ready for CHC?; SEC Variable Annuity and Life Disclosure Proposal; Attention on Budget Deficits

March 22, 2019 From Producer to Member of Congress! Every one of the 540 members of Congress did something else before they were elected. Did you know the 116th Congress includes two former Mixed Martial Arts fighters? (Rep. Markwayne Mullin (R-OK) and Rep. Sharice Davids (D-KS)). Members of Congress are tasked with legislating on a…

From Producer to Member of Congress!

While we have built strong advocates in Congress, there are a handful of lawmakers who know, first-hand, the value of the work you do helping Americans secure their financial futures. Representative Richie Neal (D-MA) who serves as the Chairman of the Ways and Means, started his career as a MassMutual Agent and still represents MassMutual’s…

PODCAST w/ Reed & Gottheimer; SEC Best Interest; EC Spotlight: McHenry; Retirement & Cybersecurity

Topics: Congress, Regulation, Retirement security, SEC Fiduciary

March 15, 2019 A Republican and a Democrat Walk Into a Recording Studio….Part Two “When people come to our offices or send us a note, it makes such a difference.” “Get engaged. Stay engaged.” The value of committed constituent advocates isn’t the only thing these two unusual Members of Congress agree on. Tune into the…

Your data could be more valuable than oil

With more and more of our daily lives being lived online, buying and selling personal data has become a multi-billion-dollar industry. According to a recent report, the value of Americans data is set to almost double in the next eight years. This means that the policy debate will only heat up going forward. DRIVING ACTION?…

How House of Representatives vacancies will be filled

North Carolina 3 In NC-3 (Atlantic Coast including the Outer Banks), constituents mourned the loss of Congressman Walter Jones, who died on his 76th birthday. On the first day of filing, the State Board of Elections received paperwork from a half-dozen candidates for the open seat. Filing closes today, March 8th, so we will know…

Nevada Best Interest Reg; PODCAST; Inside the Problem Solvers Caucus; Congressional Vacancies; Liability Heads Up on Data

Topics: Advisor standard of conduct, Best interest, Congress, DOL, Fiduciary, NAIC, Regulation, SEC

March 08, 2019 AALU Submits Comments on the Nevada Standard of Care Proposal In January, the Nevada Securities Division (NSD) proposed a set of fiduciary rules, implementing a law enacted in 2017. The NV law that this regulation is based on expanded the types of financial professionals that are subject to Nevada’s existing fiduciary standard.…

Learn more about the divisions in the Democratic party

The Democratic rift was on display in a House Budget Committee hearing this week as progressive Democrats highlighted the importance of the Green New Deal, a progressive proposal with an estimated price tag just short of $100 trillion over ten years. With more liberal members pushing drastic action to address climate change, moderate Democrats favor…