September 16, 2011 – NASAA will waive the initial set-up and annual system fees paid by investment adviser firms (IAs) and investment representatives (IARs) to maintain the Investment Adviser Registration Depository (IARD) system.
All: Current Headlines
September 13, 2011 – NASAA outlined its vigorous opposition to the creation of a self-regulatory organization for investment advisers in testimony before the House Subcommittee on Capital Markets and Government Sponsored Enterprises.
September 13, 2011 – Herstein begins a one-year term as president of the oldest international organization devoted to investor protection.
September 7, 2011 – NASAA cautioned investors to make sure they know who they are doing business with when considering investments pitched through “friends” on social networking sites.
August 30, 2011 – NASAA announced that SEC Commissioner Elisse Walter will be the keynote speaker at its annual conference, which commemorates the 100-year anniversary of state securities law and explores the future of investor protection and securities regulation.
August 23, 2011 – NASAA releases its annual list of financial products and practices that threaten to trap unwary investors, many by taking advantage of investors troubled by lingering economic uncertainty and volatile stock markets.
August 4, 2011 – NASAA’s Annual Conference (September 11-13 in Kansas) will focus on the past, present and future of securities regulation.
July 18, 2011 – NASAA President David Massey emphasizes the importance of preventing another crisis and restoring investor confidence during his opening statement at today’s meeting of the Financial Stability Oversight Council.
July 12, 2011 – In testimony before the U.S. Senate Banking Committee, NASAA President David Massey today outlined the gains made in investor protection since the enactment of the Dodd-Frank Act nearly one year ago.
State Securities Regulators Announce Settlement with Raymond James in Auction Rate Securities Investigations
June 29, 2011 – NASAA today announced that a settlement in principle has been reached between Raymond James Financial Services, Inc. and state securities regulators to return approximately $300 million to the firm’s clients who have had their funds frozen in the auction rate securities (ARS) market since 2008.