All: Newsroom

Baby Boomers Could Face Financial Hardships in Retirement

SEC, NASAA, and ASEC Host Expert Panel Discussion at the National Press Club WASHINGTON, DC (April 4, 2000) – Tens of millions of Baby Boomers grew up listening to Mick Jagger and the Rolling Stones sing “Time Is On My Side.” However, experts say time is running out for many Boomers who will soon reach […]

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State Securities Regulators Announce Completion of D.H. Blair Settlement Agreement

Firm completes settlement by funding restitution fund WASHINGTON (March 31, 2000) — D.H. Blair & Co., Inc., a New York-based brokerage firm with a lengthy regulatory history, has funded a $2.25 million escrow account to be used for consumer refunds. This restitution fund for investors was established under a 1998 agreement with state securities regulators. […]

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NASAA names Marc Beauchamp new executive director

WASHINGTON (March 15, 2000) – The North American Securities Administrators Association (NASAA) today named Marc Beauchamp its new executive director. Beauchamp, 47, joined NASAA two years ago as its communications director. He previously held similar posts with the Nasdaq Stock Market and its parent, the National Association of Securities Dealers. In the early Nineties, he […]

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Movie “Boiler Room” Wins “Thumbs Up” from Top State Securities Cop

WASHINGTON (February 1, 2000) – The soon-to-be-released motion picture “Boiler Room” won praise today from the nation`s top state securities cop for shining the spotlight on a criminal subculture on Wall Street that has stolen hundreds of millions-perhaps billions-of dollars from investors. “[Writer-director] Ben Younger deserves to be commended for this realistic, insider`s view” of […]

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Movie "Boiler Room" Wins "Thumbs Up" from Top State Securities Cop

WASHINGTON (February 1, 2000) – The soon-to-be-released motion picture “Boiler Room” won praise today from the nation`s top state securities cop for shining the spotlight on a criminal subculture on Wall Street that has stolen hundreds of millions-perhaps billions-of dollars from investors. “[Writer-director] Ben Younger deserves to be commended for this realistic, insider`s view” of […]

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Wall Street crime should earn prison time, says top state regulator

Law enforcement summit planned to boost number of criminal cases WASHINGTON (January 9, 2000) – White-collar criminals who commit securities fraud deserve prison time just like thieves, muggers and murderers, a leading securities regulator said today. “Someone steals your car, they go to prison. A con artist steals the money your parents need for retirement, […]

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NASAA Winter Enforcement Conference, NASAA President Brad Skolnik

January 9, 2000, NASAA Winter Enforcement Conference, NASAA President Brad Skolnik, San Diego, California

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High on Technology Stocks? The Antidote: Diversification

A Portfolio, Patience Important for Investors of All Ages, Says Top State Regulator WASHINGTON (January 4, 2000) – Noting the recent euphoria over technology stocks, a leading securities regulator today urged investors of all ages not to forget the time-tested strategy of diversification and patience. “With Nasdaq up 85% last year and technology such a […]

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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 […]

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