Issues & Advocacy
August 15, 2008
Securities Regulators Announce Settlement With Wachovia Over Sale of Auction Rate Securities
WASHINGTON, D.C. August 15, 2008 — Karen Tyler, President of the North American Securities Administrators Association (NASAA), today announced that a settlement in principle has been reached between Wachovia Securities and state and federal securities regulators. The settlement will provide thousands of Wachovia clients with access to billions of dollars in funds that have been […]
August 14, 2008
State Securities Regulators Announce Settlements with JP Morgan, Morgan Stanley in Auction Rate Securities Investigations
WASHINGTON, D.C. August 14, 2008 — The North American Securities Administrators Association (NASAA), Illinois Securities Department and Florida Office of Financial Regulation, along with the New York Office of the Attorney General, today announced that settlements have been reached with JP Morgan and its affiliates (including Bear Stearns & Co. Inc.) and Morgan Stanley, which […]
August 11, 2008
Securities Regulators Announce Settlement with UBS in Auction Rate Securities Investigation
WASHINGTON, D.C. August 11, 2008 — Karen Tyler, President of the North American Securities Administrators Association (NASAA), announced today that a settlement in principle has been reached between UBS Securities LLC and UBS Financial Services, Inc. (UBS) and state and federal securities regulators. The settlement will provide thousands of UBS clients with access to billions […]
August 7, 2008
Securities Regulators Announce Settlement with Citigroup in Auction Rate Securities Investigation
WASHINGTON, D.C. August 7, 2008— North American Securities Administrators Association (NASAA) President Karen Tyler, Texas Securities Commissioner Denise Voigt Crawford, and New York Attorney General Andrew Cuomo, and the Securities and Exchange Commission announced today that a settlement has been reached with Citigroup, Inc., which will give thousands of Citigroup clients access to billions of […]
July 18, 2008
NASAA's Proposed Amendments to its Model Rules on Investment Advisers and Investment Adviser Representatives
NASAA’s Investment Adviser Regulatory Policy and Review Project Group (“Project Group”) is soliciting comments from the public on a proposed set of investment adviser model rules written to reflect the organization and content of the 2002 Uniform Securities Act (“USA 2002”). The Project Group is also seeking public comment on proposed revisions to the existing […]
July 18, 2008
NASAA’s Proposed Amendments to its Model Rules on Investment Advisers and Investment Adviser Representatives
NASAA’s Investment Adviser Regulatory Policy and Review Project Group (“Project Group”) is soliciting comments from the public on a proposed set of investment adviser model rules written to reflect the organization and content of the 2002 Uniform Securities Act (“USA 2002”). The Project Group is also seeking public comment on proposed revisions to the existing […]
April 17, 2008
State Securities Regulators Coordinate Ongoing Auction-Rate Securities Investigations
WASHINGTON, D.C. April 17, 2008—The North American Securities Administrators Association (NASAA) today said that several of its members have been conducting investigations involving auction-rate securities (ARS) and are coordinating their efforts to help investors who cannot access funds that their brokers placed in these complex investment products. “Given the number and nature of the complaints […]
February 26, 2008
2008 Franchise Registration and Disclosure Guidelines
2008 FRANCHISE REGISTRATION AND DISCLOSURE GUIDELINES February 26, 2008 (AMENDED AND RESTATED UFOC GUIDELINES) The Board of Directors of the North American Securities Administrators Association, Inc. (NASAA) has authorized the release, for both internal and public comment, the attached proposal for updated franchise registration and disclosure guidelines. The proposal would allow states that register franchise […]
December 13, 2007
Shopping Smart and Avoiding Scams: Financial Literacy During the Holiday Season
December 13, 2007 - Written testimony of North Dakota Securities Commissioner, and NASAA President Karen Tyler, delivered to the Senate Committee on Banking, Housing, and Urban Affairs, regarding protecting investors during the holiday season.
December 12, 2007
