TREC Broker Responsibility Working Group
The meeting agenda and any meeting materials can be found under 'Meeting Materials' on the right side of this page. These minutes set out the agenda item, the subject matter discussed, and any action taken on each item. To hear the full discussion on any agenda item, click on the link, and you will be taken directly to that section of the meeting video on the right side of the screen.
Note: While the written portion of the minutes below are published in agenda order, the items may have been presented in a different order.
Agenda Item 1 Call to Order
ACTION: Chair Lerner called the meeting to order at 10:07 a.m.
Agenda Item 2 Housekeeping
Agenda Item 3 Remarks from the Chair
Agenda Item 4 Discussion regarding overview of November 2020 recommendations to the Commission and path forward
Chair Lerner gave an overview of her discussion with Chair Kesner regarding the path forward of the committee. General Counsel Burgess explained there may not be much action that could take place this legislative session, but that the committee could come up with rules to be prepared for next session should the legislature grant rule-making authority to the Commission to establish rules concerning education and experience.
Agenda Item 5 Discussion and possible action regarding survey results and future agenda items.
Commission Chair Kesner
ACTION: The committee decided by consensus to review the path of portability (education waiver) rather than reciprocity going forward. In addition, the committee discussed the path forward for the group to include the following topics:
Examination and possible recommendation regarding calculation of active experience points under 22 TAC §535.56;
Defining substantial equivalency for military spouses;
Simplification of Supplement A;
Expand on broker oversight and responsibility;
Minimum competency requirements;
Minimum service requirements;
Disclosure of broker's lawsuits; and
Background information regarding geographical competency.
Agenda Item 6 Public comment, including any written public comment received, on non-agenda items
No comments were given.
Agenda Item 7 Discussion and possible action regarding future agenda items and meeting dates
• Suggested meeting date: Wednesday, April 14, 2021, at 10:00 a.m.
• Alternate dates: Tuesday, April 13, 2021; Thursday, April 15, 2021
ACTION: The next meeting is scheduled for Wednesday, April 14, 2021, at 10:00 a.m.
Agenda Item 8 Adjourn
ACTION: The meeting was adjourned at 11:45 a.m.