Still, regulatory pressure is mounting. “Every change, it seems, you see, is always an increase in broker disclosure rules, right? There’s never a decrease,” he said. To address the issue, he argued for more openness, driven by technology. He cited open-architecture platforms, greater fee disclosure, and enhanced reporting such as quote-to-bind ratios. “No one wants to practice quote, right? I mean, so you want to be cognizant of those quote-to-bind ratios and making sure that everyone’s using their time productively,” he said.