2008 Headlines
June 18, 2008
NASAA Forum on Securities Arbitration to be Webcast
WASHINGTON, D.C., June 19, 2008—The North American Securities Administrators Association, Inc. (NASAA) today said its upcoming public forum on securities arbitration will be webcast live on the Internet. The webcast, Arbitration is Broken: How Can it be Fixed?, will be available on the NASAA website at 12:30 p.m. (EDT) on June 24. The two-hour audio-only […]
June 17, 2008
NASAA Identifies Traps Likely to Burn Investors This Summer
WASHINGTON, D.C. June 17, 2008—As summer approaches, the North American Securities Administrators Association warns that scamsters are using every trick under the sun to separate unsuspecting investors from their hard-earned dollars. State and provincial securities regulators caution investors to screen themselves from hot energy-related tips, speculative real estate promotions, unsolicited invitations from new online “friends,” […]
June 12, 2008
Leading Arbitration Experts to Speak at NASAA Forum on Securities Arbitration
WASHINGTON, D.C. June 12, 2008—The North American Securities Administrators Association (NASAA) is bringing together leading arbitration experts for a public forum to discuss the current securities arbitration system and offer constructive steps to restore choice, fairness, and balance to the securities arbitration process. The forum, Arbitration is Broken: How Can it be Fixed?, is scheduled […]
May 27, 2008
NASAA to Host Securities Arbitration Forum
Forum to Focus on Restoring Choice, Fairness, and Balance to the Securities Arbitration Process WASHINGTON, D.C. May 27, 2008—The North American Securities Administrators Association (NASAA) today announced it will host a public forum to examine the current securities arbitration system and offer constructive steps to restore choice, fairness, and balance to the securities arbitration process. The […]
April 29, 2008
State Securities Regulators Launch Program to Help Law Enforcement Investigate Investment Fraud
WASHINGTON, D.C. (April 29, 2008) – The North American Securities Administrators Association (NASAA) today announced a new outreach program that provides law enforcement with resources and information to help investigate public complaints about investment fraud. Designed for use by law enforcement officers and district attorneys, the Law Enforcement Outreach Program features a series of resources […]
April 29, 2008
NASAA Applauds Proposed Amendment to Require Disclosure of Allegations Against Brokers in Arbitrations and Civil Lawsuits
WASHINGTON, D.C. (April 29, 2008) – The North American Securities Administrators Association (NASAA) today said a rule amendment recently proposed by the Financial Industry Regulatory Authority (FINRA) would enhance investor protection by improving disclosure of investor allegations of sales practice violations by brokers in securities arbitration claims and civil lawsuits. “We applaud the joint efforts […]
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 […]
April 14, 2008
NASAA Commends Dateline NBC for Helping Expose Questionable Equity Indexed Annuity Sales Practices to Seniors
WASHINGTON, D.C. April 14, 2008—The North American Securities Administrators Association (NASAA) today commended Dateline NBC for its April 13 program, “Tricks of the Trade,” which exposed questionable sales practices that some insurance agents use to sell equity indexed annuities that may be unsuitable investments for seniors. “Dateline’s producers and correspondent Chris Hansen are to be […]
April 1, 2008
State Securities Regulators Announce New Model Rule on the Use of Senior Certifications and Professional Designations
NASAA Also Voices Strong Support for the ‘Senior Protection Act of 2008’ and Applauds Sen. Herb Kohl’s Leadership in the Fight Against Senior Investment Fraud WASHINGTON, D.C. April 1, 2008—The North American Securities Administrators Association (NASAA) today announced that its membership has approved a new model rule prohibiting the misleading use of senior and retiree designations, […]
March 31, 2008
