Washington (September 25, 2001) – The North American Securities Administrators Association (NASAA) and the Securities and Exchange Commission today announced the launch of a website that will allow investors to electronically access information about money managers, financial planners and other investment advisers. The Investment Adviser Public Disclosure (IAPD) website provides instant access to registration documents […]

Washington, D.C., September 20, 2001 – The North American Securities Administrators Association (NASAA) today issued the following statement pledging to help securities firms in the aftermath of terrorist attacks on the World Trade Center buildings and the Pentagon: “The immediate focus of my tenure as NASAA President will be to work with my fellow state […]

WASHINGTON (September 17, 2001) – In the wake of terrorist attacks in New York and near Washington, DC, state securities regulators warned investors to be on the lookout for opportunistic scams similar to those associated with the Year 2000 computer bug. Cold-calling telephone salespeople, advertisements, or Internet postings that tout commodities, exotic financial products, or […]

WASHINGTON  (September 11, 2001) – The North American Securities Administrators Association (NASAA) today issued the following statement after terrorist attacks on the World Trade Center and other locations: “We extend our deepest condolences to those who lost loved ones, friends or colleagues in this terrible tragedy,” said Joseph Borg, NASAA president and director of securities […]

WASHINGTON  (September 6, 2001) — The North American Securities Administrators Association (NASAA) today named Stephen Hall, 46, associate general counsel. Hall comes to NASAA from the private sector, where he focused on civil litigation, lender representation and venture capital. Prior to that, Hall served as a trial attorney and associate director of enforcement at the […]

Handy checklist available from state securities regulators Washington (August 30, 2001) – While the volatile stock market can make certificates of deposit appealing to investors, some CDs aren’t what they seem. That’s the message behind a handy checklist now available from state securities regulators. With many elderly investors complaining they’ve been misled into buying “callable” […]

Regulators, Industry Collaborated to Identify, Remedy Most Common Problems; Non-Profit Site is Now Project of 50 State Securities Regulators WASHINGTON, D.C. (August 28, 2001) – The 20-month-old Investing Online Resource Center (www.investingonline.org) was relaunched today with a major new “investor simulator center” and other Web-based educational tools designed to zero in on the five most frequently […]

Regulators, Industry Collaborated to Identify, Remedy Most Common Problems; Non-Profit Site is Now Project of 50 State Securities Regulators WASHINGTON, D.C. (August 28, 2001) – The 20-month-old Investing Online Resource Center (www.investingonline.org) was relaunched today with a major new “investor simulator center” and other Web-based educational tools designed to zero in on the five most frequently […]

WASHINGTON  (August 16, 2001) — The North American Securities Administrators Association (NASAA) today named Mark Davis, 52, associate general counsel. Davis has worked extensively on Capitol Hill and for federal agencies. In the late 1990s, Davis served as legislative director and counsel, first to Rep. Frank Riggs (R-Calif.), and later to Rep. Lee Terry (R-Neb.). […]

WASHINGTON (August 7, 2001) – Investment frauds that take advantage of victims’ religious or spiritual beliefs are rising dramatically, state securities regulators warned Tuesday, with losses in three large cases – Greater Ministries International Church, the Baptist Foundation of Arizona and the IRM Corporation – approaching $1.5 billion. The warning about religious-based investment scams at […]