All: 1999 Headlines

RSS Test

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla id magna pretium, elementum massa quis, sollicitudin augue. Praesent fermentum velit orci, sit amet sollicitudin neque mattis sit amet. Ut sit amet eleifend eros. Nullam ipsum risus, molestie in blandit quis, molestie ut dolor. Morbi in hendrerit nisl. Vestibulum posuere tortor in consectetur facilisis. Aliquam vitae […]

1999 Headlines, Newsroom Read more

New Investment Advisers Must Take "Competency Exam" Starting Jan. 1

Series 65 Revamped to Test Economics, Investment Vehicles, ethics WASHINGTON (December 27, 1999) — Starting January 1, new investment advisers will have to take a “competency exam” to show that they know what they’re talking about. New advisers will have to take a 130-question state exam that tests their knowledge of economics, investment vehicles, investment […]

1999 Headlines, Newsroom Read more

New Investment Advisers Must Take “Competency Exam” Starting Jan. 1

Series 65 Revamped to Test Economics, Investment Vehicles, ethics WASHINGTON (December 27, 1999) — Starting January 1, new investment advisers will have to take a “competency exam” to show that they know what they’re talking about. New advisers will have to take a 130-question state exam that tests their knowledge of economics, investment vehicles, investment […]

1999 Headlines, Newsroom Read more

Despite crackdown, small-stock fraud remains serious problem

State securities cops warn of Internet hype, high-pressure cold-callers WASHINGTON (December 16, 1999) – Despite a crackdown in recent years by state, industry and federal securities regulators, small-stock fraud remains a serious problem, costing investors many millions of dollars each year. The bull market on Wall Street shouldn’t lull investors into letting their guard down, […]

1999 Headlines, Newsroom Read more

NASAA Statement on Selective Disclosure Issue

(December 15, 1999) – The following is a statement by NASAA President  and Indiana Securities Commissioner Bradley W. Skolnik: In the age of the Internet and 24-hour financial news, there’s no reason for an uneven information playing field on Wall Street. Why shouldn’t investors on Main Street have access to the same information as the pros […]

Read more

NASAA Supports Proposed Day Trading Margin Rule Changes by NYSE, NASD

(December 10, 1999) – Bradley K. Skolnik, President of the North American Securities Administrators Association (NASAA) & Indiana Securities Commissioner, released the following statement in response to the proposed rule changes by the NYSE and the NASD that would raise margin requirements for day traders: “NASAA supports higher margin requirements for day traders. Day trading […]

Read more

Investors Urged to Discount Online Brokerage Advertising

State securities regulators warn of hidden costs, delayed executions, dangers of trading too much WASHINGTON (November 26, 1999) – With online brokerage firms poised to spend a reported $1 billion on advertising in the coming year, state securities regulators today warned investors to look beyond the hype and beware of hidden costs, delayed executions and […]

Read more

NASAA Statements on Reports on Online Brokerage by the SEC and New York Attorney General

NASAA Praises SEC Commissioner Laura Unger`s Online Brokerage Report (November 23, 1999) - The following is a statement by NASAA President Bradley Skolnik, Indiana`s Securities Commissioner: Commissioner Laura Unger deserves praise for taking a reasoned and reasonable approach to the many issues raised by online brokerage and for doing her homework by consulting with a wide […]

Read more

Investors Warned About “Y2K: The Scam”

WASHINGTON (November 19, 1999) – On the eve of a made-for-TV disaster movie about the Year 2000 computer bug, state securities regulators warned investors not to fall victim to “Y2K: The Scam.” State securities cops warned that con artists are trying to exploit fear of the Y2K problem by touting risky or bogus investments. State […]

Read more

Investors Warned About "Y2K: The Scam"

WASHINGTON (November 19, 1999) – On the eve of a made-for-TV disaster movie about the Year 2000 computer bug, state securities regulators warned investors not to fall victim to “Y2K: The Scam.” State securities cops warned that con artists are trying to exploit fear of the Y2K problem by touting risky or bogus investments. State […]

Read more