October 7, 2013–NASAA reports little difference in the type or frequency of deficiencies between existing state investment and those advisers who switched from federal to state oversight as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
All: Current Headlines
September 9, 2013–Make plans now to attend NASAA’s Annual Conference in Salt Lake City, Utah.
August 2, 2013–Ellison bill would greatly benefit capital formation and job creation by fostering investor trust; ensures that investors have access to judicial system by prohibiting use of mandatory pre-dispute securities arbitration agreements.
August 2, 2013–NASAA congratulates Kara Stein and Michael Piwowar on their Senate confirmation to serve on the SEC.
Updated Publication Addresses Investor Confusion about Stockbrokers, Investment Advisers, and Financial Planners
July 30, 2013–Updated brochure explains the differences between brokers, investment advisers, and financial planners and identifies questions investors should ask themselves and potential providers before making a choice.
July 10, 2013–NASAA: “State securities regulators are disappointed that lifting the ban on general solicitation and advertising of highly speculative and sometimes fraudulent private placement offerings investments before approving safeguards needlessly puts investors in harm’s way.”
Supreme Court Decision in American Express Case Underscores Need for Congress to Prohibit Forced Arbitration
June 25, 2013–NASAA: “It is now up to Congress to restore some vestige of consumer protection by prompt remedial legislation to restore the scales of justice to balance.”
June 18, 2013–With energy demands and a desire for energy independence increasing globally, investments in traditional and alternative energy resources are being promoted more often and are becoming attractive to investors and con artists alike.
June 5, 2013-NASAA and others in a broad-based coalition call on SEC to establish a uniform fiduciary standard for broker-dealers and investment advisers that is at least as strong as the existing standard for investment advisers.