Filed Under:Your Practice, Regulatory

NARAB II bill clears Senate Banking Committee

NARAB II's sponsors: Sens. Mike Johanns, R-Neb., and Jon Tester, D-Mont. (not pictured).  (AP photo/Alex Brandon)
NARAB II's sponsors: Sens. Mike Johanns, R-Neb., and Jon Tester, D-Mont. (not pictured). (AP photo/Alex Brandon)

Legislation providing a mechanism for establishing true nonresident licensing reciprocity was reported out of the Senate Banking Committee.

The legislation is S. 534, the National Association of Registered Agents and Brokers Reform Act of 2013. It was introduced in the Senate in March by Sen. John Tester, D-Mont., and Sen. Mike Johanns, R-Neb. It has 22 co-sponsors. 

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Nichole Morford

Nichole Morford
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