Inventors:
Hugh Barrett - Springfield MA, US
Mark Howland - Longmeadow MA, US
Christopher Markowski - Feeding Hills MA, US
Dennis Windoloski - Wilbraham MA, US
Rhenita Brade - Springfield MA, US
Assignee:
Massachusetts Mutual Life Insurance Company - Springfield MA
International Classification:
G06Q 99/00
Abstract:
A system and method for ensuring compliance with pay-to-play laws. In one embodiment of the invention, the computer-implemented method of facilitating compliance with pay-to-play laws of different jurisdictions having varying requirements, comprises the steps of: creating, on a computer system, at least one question related to compliance with pay-to-play laws; storing, in a database, the at least one question related to compliance with pay-to-play laws; storing, in a database, at least one restriction related to compliance with pay-to-play laws; presenting the at least one question to a first user; receiving an answer from the user in response to the at least one question; determining a compliance status, using the computer system, based on a comparison between the answer and the at least one restriction; sending the compliance status to an output device of the computer system; and storing all inputted data and responses for reporting or regulatory compliance use.