March 25, 2014–NASAA: Proposed Rule Flouts Congressional Intent by Preempting State Authority
NASAA Public Policy Conference to Explore Challenges to Forecasting Markets and Investor Participation
March 20, 2014–Featured Speakers include SEC Commissioner Kara Stein and Sen. Joe Manchin; Panels to Focus on Bitcoins and How to Bring Main Street Investors Back to Wall Street
March 11, 2014–States Call on SEC to Allow Small Businesses to Benefit from the Program by Removing Preemptive Language from Regulation A Proposed Rule
February 20, 2014–NASAA Leadership Letter to SEC Objecting to State Preemption of Reg A+ Offerings
WASHINGTON, D.C. (February 12, 2014) – The North American Securities Administrators Association (NASAA) today congratulated NASAA Deputy General Counsel Rick A. Fleming on his appointment as the Securities and Exchange Commission’s new Investor Advocate. Fleming becomes the first person to lead the SEC’s Office of the Investor Advocate, which was created by the Dodd-Frank Wall […]
December 18, 2013–NASAA: :The Commission’s proposed rule ignores Congress’ recent judgment and defies Congress’ clear intent. As a policy matter, it is not clear why the Commission would remove state oversight in a high-risk area where both federal and state resources should be fully leveraged to provide sufficient, regular review.”
NASAA Statement on SEC Investor Advisory Committee’s Recommendation Regarding SEC Investment Adviser Exam Funding
November 22, 2013–NASAA applauds the IAC’s efforts to keep the examination fix a top priority for the SEC and Congress.
November 22, 2013–State securities regulators strongly support the recommendations of the SEC’s Investor Advisory Committee to extend a fiduciary duty to broker-dealers when they provide personalized investment advice to retail investors, and to call for legislation to fund investment adviser examinations. NASAA encourages the SEC and Congress to take swift action on each of these important recommendations.
A Message from NASAA President Andrea Seidt Using Smart Regulation to Meet Main Street Needs Under my presidency, NASAA is embarking upon a campaign for “smarter regulation” – regulation that takes advantage of technology to make the offering process more efficient for small businesses without sacrificing important protections for investors. A first step […]
Inside the Spring 2014 edition of the NASAA Insight newsletter: NASAA to SEC: Revise Reg A Proposal States Approve Streamlined Review Program NASAA Launches Initiative to Help CPAs Identify Investment Fraud NASAA Offers Statement at Senate Arbitration Hearing Executive Summary of NASAA’s March 24 Comment Letter on SEC’s Regulation […]