Page:United States Statutes at Large Volume 119.djvu/3293

 PUBLIC LAW 109–163—JAN. 6, 2006

119 STAT. 3275

‘‘(E) such other financial practices as the Secretary considers appropriate. ‘‘(2) Training under this subsection shall be provided to members as— ‘‘(A) a component of members initial entry orientation training; and ‘‘(B) a component of periodically recurring required training that is provided for the members at military installations. ‘‘(3) The training provided at a military installation under paragraph (2)(B) shall include information on any financial services marketing practices that are particularly prevalent at that military installation and in the vicinity. ‘‘(b) COUNSELING FOR MEMBERS AND SPOUSES.—(1) The Secretary concerned shall, upon request, provide counseling on financial services to each member of the armed forces, and such member’s spouse, under the jurisdiction of the Secretary. ‘‘(2)(A) In the case of a military installation at which at least 2,000 members of the armed forces on active duty are assigned, the Secretary concerned— ‘‘(i) shall provide counseling on financial services under this subsection through a full-time financial services counselor at such installation; and ‘‘(ii) may provide such counseling at such installation by any means elected by the Secretary from among the following: ‘‘(I) Through members of the armed forces in pay grade E–7 or above, or civilians, who provide such counseling as part of their other duties for the armed forces or the Department of Defense. ‘‘(II) By contract, including contract for services by telephone and by the Internet. ‘‘(III) Through qualified representatives of nonprofit organizations and agencies under formal agreements with the Department of Defense to provide such counseling. ‘‘(B) In the case of any military installation not described in subparagraph (A), the Secretary concerned shall provide counseling on financial services under this subsection at such installation by any of the means set forth in subparagraph (A)(ii), as elected by the Secretary concerned. ‘‘(3) Each financial services counselor under paragraph (2)(A)(i), and any other individual providing counseling on financial services under paragraph (2), shall be an individual who, by reason of education, training, or experience, is qualified to provide helpful counseling to members of the armed forces and their spouses on financial services and marketing practices described in subsection (a)(1). Such individual may be a member of the armed forces or an employee of the Federal Government. ‘‘(4) The Secretary concerned shall take such action as is necessary to ensure that each financial services counselor under paragraph (2)(A)(i), and any other individual providing counseling on financial services under paragraphs (2), is free from conflicts of interest relevant to the performance of duty under this section. and, in the performance of that duty, is dedicated to furnishing members of the armed forces and their spouses with helpful information and counseling on financial services and related marketing practices. ‘‘(c) LIFE INSURANCE.—In counseling a member of the armed forces, or spouse of a member of the armed forces, under this

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