USAA Plugs For Optional Fed Charter

By Arthur D. Postal, Washington Bureau Chief

NU Online News Service, Sept. 22, 4:27 p.m. EDT, Washington?An official of USAA Group told a Senate Banking Committee hearing today that the current system of state-based insurance regulation is broken and the company "believes that a market-based optional federal charter would be the best route to true regulatory reform."[@@]

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