Printer Friendly
The Free Library
22,728,043 articles and books

Kohl Bill targets questionable senior designations.



States that adopt uniform accreditation standards for senior financial adviser designations would be eligible for new federal grants under legislation introduced by Sen. Herb Kohl
This article refers to Sen. Herbert Kohl (D-WI). For the article about Herbert Kohl, the educator and author, see Herbert Kohl (education).


Herbert H. Kohl (born February 7, 1935) is an American politician, business leader and philanthropist.
, D-Wis., chairman of the Senate Special Committee on Aging.

The Senior Investor Protection Act would offer funding for new staff, technology, equipment, training and educational materials for regulators, prosecutors and law enforcers in states that adopt guidelines based on the North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Securities Administrators Association's recently promulgated prom·ul·gate  
tr.v. prom·ul·gat·ed, prom·ul·gat·ing, prom·ul·gates
1. To make known (a decree, for example) by public declaration; announce officially. See Synonyms at announce.

2.
 model rule on senior designations.

[ILLUSTRATION OMITTED]

The bill follows a series of hearings into the proliferation of questionable financial adviser designations, including some allegedly granted to producers who attend a single weekend seminar and pass an open book, multiple-choice test.

Among those endorsing the proposal is the American College, which grants the Chartered Life Underwriter, Chartered Financial Consultant and Chartered Advisor for Senior Living designations. The legislation also has the endorsement of the Financial Planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 Association and the North American Securities Administrators Association The North American Securities Administrators Association (NASAA), founded in Kansas in 1919, is the oldest international investor protection organization. NASAA was created to protect consumers who purchase securities or investment advice, and their jurisdiction extends to a .
COPYRIGHT 2008 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Briefing Highlights from BestWeek
Comment:Kohl Bill targets questionable senior designations.(Briefing Highlights from BestWeek)
Author:Lehmann, R.J.
Publication:Best's Review
Article Type:Brief article
Geographic Code:1USA
Date:May 1, 2008
Words:156
Previous Article:Both sides seek sentencing delay for convicted Gen Re, AIG execs.
Next Article:Pennsylvania courts won't force payments.
Topics:



Related Articles
Florida court favors Amex employee in holding-out case.
WEBWATCH.
Simmering.
Not all PGMs unresponsive to troops in close contact. (Letters to the Editor).
Sephora in JC Penney.
The multipurpose BUB in the COE.
Business briefs.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters