HomeNews By Docket & Bill NumberDocket S.B. No. 1497

Docket S.B. No. 1497

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September 18, 2019

Strawman Proposed Rule From Texas PUC Staff Would Require Brokers To Inform Customers Of How Broker Will Be Compensated, Amount Of Compensation (By REP Or Customer)

Strawman Would Require Brokers To Provide To Customers The Names Of Any REPs For Which The Broker Has An Agreement To Recommend Such REP To Clients

Strawman Would Require That Agreement Allowing Broker To Act As Customer's Agent Must Be, "In Writing"

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March 6, 2019

Update (Companion Bill Filed): Texas Bill Filed To Require Registration Of Brokers

Update: Another bill (HB 3645) which would require registration of brokers, and which has language substantially similar to SB 1497, has been filed, in the Texas House of Representatives

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