“Not only was this legislation critical in providing Americans additional flexibility in executing important life documents during the pandemic, it helped improve underserved and unbanked communities’ access to notary services,” FSI said.
Over the past several years, Dean has also worked with non-profits and non-government financial agencies to help Main Street Americans improve their credit scores. “Along with members of both parties, she has co-sponsored legislation to enhance financial literacy through public-private collaborations; and has regularly participated in events to raise awareness of the need for financial literacy across the country,” FSI said.
“I’m grateful for this award and for the advocacy of the Financial Services Institute,” Rep. Dean said in a statement. “Financial literacy is vital for all Americans, and lawmakers have a duty to make services and information more accessible."
“My sincerest thanks to the Financial Services Institute for honoring me with this award,” Sen. Scott, a member Senate Banking, Housing and Urban Affairs; Finance; and Health, Education, Labor and Pensions Committees, said in a statement.
Throughout 2021, FSI was active at both the state and federal level opposing efforts to tax financial services and transactions and the imposition of professional privilege taxes on financial advisors.
The trade group says it represents 80 independent financial services firms and 130,000 affiliated financial advisors represent over 45% of all producing registered representatives in the U.S.