Month: March 2018

Governor Cuomo Announces Best Interest Standard Proposal for Life Insurance Sales

STOCKBROKER LAW - Posted on

In a Press Release dated December 27, 2017, New York State Governor Andrew Cuomo announced proposed Department of Financial Services regulations which would require that life insurance and annuity sales in New York State to meet a “Best Interest” Standard.  Proposed legislation is now designed to protect consumers from high insurance costs and conflicts of […]

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