All: Legislative Activity

The JOBS Act: The Importance of Prompt Implementation for Entrepreneurs, Capital Formation, and Job Creation

September 13, 2012 – Written statement of NASAA President Heath Abshure, provided to the House Financial Services Subcommittee on Capital Markets and the House Oversight Subcommittee on TARP, Financial Services, and Bailouts, outlining NASAA’s views on the current status of rulemakings under JOBS Act Titles II (General Solicitation and Advertising in Rules 506/144A), III (Crowdfunding) and IV (Regulation A+) of the Act issued as part of a hearing on JOBS Act implementation.

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H.R. 4624, the Investment Adviser Oversight Act of 2012

June 6, 2012 – Written testimony of Texas Securities Commission John Morgan, delivered before the House Financial Services Committee, outlining NASAA’s opposition to H.R. 4624, the Investment Advisor Oversight Act of 2012.

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Letter of Support for S. 1907, the PCAOB Enforcement Transparency Act of 2011

December 21, 2011 The Honorable Tim Johnson Chairman Senate Committee on Banking, Housing, & Urban Affairs 534 Dirksen Senate Office Building Washington, DC 20510  The Honorable Richard ShelbyRanking MemberSenate Committee on Banking,Housing, & Urban Affairs534 Dirksen Senate Office BuildingWashington, DC 20510 Dear Chairman Johnson and Ranking Member Shelby: On behalf of the North American Securities Administrators Association (NASAA) I amwriting [...]

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Spurring Job Growth Through Capital Formation While Protecting Investors

December 1, 2011 – Written testimony of NASAA President Jack Herstein, delivered to the Senate Committee on Banking, Housing, and Urban Affairs, outlining NASAA’s position that the states are best positioned to oversee small business capital formation, including crowdfunded offerings.

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Legislative Proposals to Facilitate Small Business Capital Formation and Job Creation

September 21, 2011 – Written testimony of Arkansas Securities Commissioner Heath Abshure, delivered to the House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, outlining the unintended consequences investors could face from legislative efforts to loosen regulations on how new and small businesses raise money.

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Ensuring Appropriate Regulatory Oversight of Broker-Dealers and Legislative Proposals to Improve Investment Adviser Oversight

September 13, 2011 – Written testimony of Pennsylvania Securities Commissioner Steven Irwin, delivered to the House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, expressing NASAA’s opposition the creation of an SRO to oversee state regulated investment advisers.

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Dodd-Frank Information Center

September 28, 2010 – “This legislation clearly is going to restructure relationships among regulators. We have an opportunity to strengthen these relationships and to engage in productive discussions about how our shared responsibilities can better protect investors.” – David S. Massey

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Legislative Letters

If the legislative letter you are looking for is not here, please get in touch with us. 05/07/13 NASAA Letter on H.R 1062 – The SEC Regulatory Accountability Act of 2013 04/19/13 NASAA Letter of Support for Investment Adviser Examination Improvement Act of 2013 03/07/13 NASAA Letter Senate Banking Chairman and Ranking Member Outlining NASAA [...]

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Enhanced Investor Protection After the Financial Crisis

July 12, 2011 – Written testimony of NASAA President David Massey, delivered to the Senate Committee on Banking, Housing, and Urban Affairs, discussing how the Dodd-Frank Act has provided enhanced protection to investors.

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The Federal Government’s Role in Empowering Americans to Make Informed Financial Decisions

July 15, 2010 – Written testimony of Montana Deputy Securities Commissioner Lynne Egan, delivered to the House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, discussing ways to improve investor education and allow investors to make more informed decisions.

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