NASAA Statement on SEC Chairman Cox

WASHINGTON (August 3, 2005) —The following is a statement from North American Securities Administrators Association (NASAA) President and New Jersey Securities Bureau Chief Franklin L. Widmann on Securities and Exchange Commission Chairman Christopher Cox, who was sworn in today after receiving Senate confirmation last week.

“State securities regulators and the SEC share a common mission to protect investors and NASAA’s leadership looks forward to working with Chairman Cox to further this vitally important goal. Only by working together can state and federal regulators hope to ensure that our markets remain fair and open so that all investors have confidence not only in the markets but also in the systems in place to protect their interests. We hope to meet with Chairman Cox soon to discuss the role of state securities regulators and their regulatory priorities.”

NASAA is the oldest international organization devoted to investor protection. Its membership consists of the securities administrators in the 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, the provinces and territories of Canada, and Mexico.

For More Information: 
Bob Webster
Director of Communications

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