[Editor's note: A recent blog entry at www.SeniorMarketAdvisor.com elicited a great debate regarding the SEC's controversial new proposal. Here's a sampling of emailed comments: visit our Web site for the full discussion.]
AFTER BEING in the insurance sales side for 19 years, my license will be grandfathered in eight months. So it’s nice to know I have to start all over again with the SEC, doing the same things I have been doing all these years. If they think all agents selling EIAs are not forthright in their explanations, they need to sit down and have a hidden camera at some of the stock brokerage firms while a broker explains to a senior citizen why their life savings just went south.