July 11, 2017

Department invites public to comment on DIFP rules as part of statewide review to streamline regulations

On January 10, 2017, Governor Greitens issued Executive Order 17-03 ordering each state agency to undertake a review of every regulation under its jurisdiction. Reviews will determine if specific regulations are ineffective, unnecessary, or unduly burdensome by considering whether:

  • The regulation is essential to the health, safety, or welfare of Missouri residents;
  • The regulation’s costs do not outweigh its benefits;
  • The regulation is effective;
  • The regulation is the least restrictive alternative;
  • The regulation is based on sound, reasonably available scientific, technical, economic, or other relevant information;
  • The regulation does not unduly and adversely affect Missouri citizens or customers, or the competitive environment in Missouri.

As part of the review process, the Department of Insurance, Financial Institutions and Professional Registration is asking for your comments on its existing rules. These comments will be accepted online on an ongoing basis, with the intention of gathering a majority of comments by October 2, 2017.

The department will also hold public hearings on our rules to allow taxpayers, citizens, businesses and customers of the department to talk directly to department leadership. These public input sessions will be held:

  • August 10, 2017, 1:00 to 3:00 p.m.
    Harry S Truman State Office Building
    Room 490/492, 493/494
    301 W High Street
    Jefferson City, MO 65101
  • September 21, 2017, 1:00 to 3:00 p.m. 
    Harry S Truman State Office Building
    Room 490/492, 493/494
    301 W High Street
    Jefferson City, MO 65101

About the Missouri Department of Insurance, Financial Institutions & Professional Registration

The Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) is responsible for consumer protection through the regulation of financial industries and professionals. The department's seven divisions work to enforce state regulations both efficiently and effectively while encouraging a competitive environment for industries and professions to ensure consumers have access to quality products.

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