According to IBA West, an insurance agent and broker trade organization, the California Department of Insurance is still seeking comment and input on its proposed broker disclosure and fiduciary duties regulations.
"Although the Department has already received extensive input on its proposed broker fiduciary duties regulation, it wishes to provide persons who have not yet done so the opportunity to comment in accordance with the dates stated in the October 18 Notice of Proposed Rulemaking," the organization says on its web site.
The proposed regulations require brokers to disclose income t...
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