Newsroom
May 4, 2009
State Securities Regulators Voice Strong Support For Senior Investment Protection Act
NASAA Applauds Sen. Herb Kohl’s Leadership in the Ongoing Fight Against Senior Investment Fraud WASHINGTON, D.C., May 4, 2009—The North American Securities Administrators Association (NASAA) today announced its strong support for the “Senior Investment Protection Act of 2009” (S. 906), legislation designed to protect senior investors from unscrupulous and unqualified financial advisers. Introduced by Sen. […]
April 29, 2009
State Securities Regulators Continue to See Fraud and Abuse in the Life Settlement Market
WASHINGTON, D.C. (April 29, 2009)—State securities regulators continue to see problems of fraud and abuse in the growing life settlement industry and outlined for Congress the need for strong regulation of these financial products by appropriate regulatory authorities. “Although life settlements may serve a useful purpose by enhancing the value and liquidity of life insurance […]
April 28, 2009
NASAA President to Testify Before Senate Committee Examining the Life Settlement Market
WASHINGTON, D.C. (April 28, 2009)—North American Securities Administrator Association President and Colorado Securities Commissioner Fred Joseph is scheduled to testify Wednesday before the U.S. Senate Special Committee on Aging in a hearing exploring the growing life settlement industry and its impact on seniors. The hearing, “Betting on Death in the Life Settlement Market – What’s […]
April 16, 2009
NASAA Public Policy Conference to Spotlight Panels on Financial Regulatory Restructuring and Systemic Risk Regulation
U.S. Rep. Paul Kanjorski to Deliver Keynote Address WASHINGTON (April 16, 2009) – State securities regulators will convene in Washington, D.C. this month to discuss the challenges facing the current financial services regulatory structure and outline policy proposals to strengthen regulatory safeguards for Main Street investors. The North American Securities Administrators Association (NASAA) will host […]
March 31, 2009
NASAA Launches Website to Help Auction-Rate Securities Investors Navigate Arbitration Process
WASHINGTON (March 31, 2009) – As state securities regulators continue to provide relief to auction-rate securities (ARS) investors, the North American Securities Administrators Association (NASAA) has launched a new website to guide investors seeking damages through a special arbitration process created as part of the recent settlements reached with several major Wall Street firms. To […]
March 26, 2009
NASAA President Proposes Expanded Role of State Securities Regulators in Testimony Before U.S. Senate Banking Committee
WASHINGTON (March 26, 2009) – With the nation’s financial services regulatory structure under heavy scrutiny, the North American Securities Administrators Association (NASAA) offered the U.S. Senate Committee on Banking, Housing, and Urban Affairs a series of constructive reform proposals that advance the interests of Main Street investors through enhanced state securities regulation. NASAA President and […]
March 24, 2009
NASAA President to Offer Proposals to Bolster Financial Services Regulation in Testimony Before the Senate Banking Committee
WASHINGTON (March 24, 2009) – As Congress and the Obama Administration work to transform the nation’s financial services regulatory structure, the North American Securities Administrators Association (NASAA) will offer the U.S. Senate Committee on Banking, Housing, and Urban Affairs Committee a series of constructive reform proposals that advance the interests of Main Street investors. NASAA […]
March 24, 2009
NASAA to Host Public Policy Conference
Rep. Kanjorski to Deliver Keynote Address WASHINGTON (March 24, 2009) – State securities regulators will convene in Washington, D.C. next month to discuss the challenges facing the current financial services regulatory structure and outline policy proposals to strengthen regulatory safeguards for Main Street investors. The North American Securities Administrators Association (NASAA) will host its annual […]
March 20, 2009
State Securities Regulators Urge Congress to Provide Greater Resources to Fight Investment Fraud
Ropp: “State securities regulators have the determination, willpower and experience to pursue perpetrators of financial crime.” WASHINGTON (March 20, 2009) – Drawing from their experience on the front lines of investor protection, two state securities regulators offered the House Financial Services Committee concrete proposals to enhance the states’ ability to pursue and prosecute perpetrators of […]
March 19, 2009
