NASAA Public Policy Conference to Focus on Innovation, Investor Protection and Economic Growth

WASHINGTON (April 17, 2012) – State and provincial securities regulators will convene in Washington, D.C. next month to discuss the importance of striking an appropriate balance between innovation, investor protection and economic growth when the North American Securities Administrators Association (NASAA) hosts its annual Public Policy Conference on May 7 at the Washington Court Hotel, 525 New Jersey Avenue, NW, Washington, D.C. 

“This year’s conference spotlights the challenges facing investors, regulators and securities industry professionals in an era of rapid technological innovation,” said Jack E. Herstein, NASAA President and Assistant Director of the Nebraska Department of Banking & Finance, Bureau of Securities. 

Herstein announced that NASAA is honored to have Representative Maxine Waters (D-CA) address this year’s conference. Rep. Waters serves as a Chief Deputy Whip and as a member of the Steering and Policy Committee, making her an integral part of the House Democratic Leadership. She also serves as a member of the Financial Services Committee and as Ranking Member of the Subcommittee on Capital Markets and Government Sponsored Enterprises. 

This year’s conference also features two panel discussions: “The JOBS Act: Future Implications for Investors” and “Social Media for Financial Professionals.” 

The first panel brings together leading securities law experts, investor advocates and regulators to analyze the broad spectrum of changes that the JOBS Act will herald, issues that should be addressed in the implementation process and the future implications for retail investors. 

Moderated by NASAA Vice President and Arkansas Securities Commissioner Heath Abshure, the panel includes: William Black, associate professor of economics and law, University of Missouri-Kansas City School of Law; Robert Pozen, senior lecturer of business administration, Harvard Business School, and senior research fellow at the Brookings Institution; Jeffrey Mahoney, general counsel, Council of Institutional Investors; and Lynn Turner, managing director, LitiNomics, and former chief accountant at the Securities and Exchange Commission. 

During the second discussion, a panel of regulatory and industry experts will explore social media policies and practices along with the benefits and compliance challenges social media presents in today’s financial services marketplace. Moderated by Marc Minor, bureau chief, New York Investor Protection Bureau, the panel features Mitchell Bompey, executive director, Morgan Stanley Smith Barney; Scott Peterson, co-founder, Relay Social Media LLC; and Thomas Selman, executive vice president of regulatory policy, FINRA. 

The conference also features a luncheon with a keynote speaker. On-site registration begins at 10 a.m. and the keynote luncheon follows at 11:30 a.m. The general session begins at 1:30 p.m. and is scheduled to conclude at 4:30 p.m. 

For more information:
Bob Webster, Director of Communications
202-737-0900 

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