NASAA Proposals
July 29, 2009
Proposal for Uniform State Franchise Delivery Requirements
NASAA’s Franchise and Business Opportunity Project Group is soliciting both internal and public comments on a proposal for model state law provisions regarding the delivery of franchise disclosure documents. The Proposal follows new federal franchise delivery requirements adopted under an Amended Federal Trade Commission Franchise Rule in 2007. In the interests of uniformity, the Proposal recommends […]
July 28, 2009
New Model Rules Pertaining to Investment Adviser Solicitors
NASAA’s Investment Adviser Regulatory Policy and Review Project Group is soliciting comments from the public on a proposed model rule regarding solicitors for investment advisers. The Proposed Rule keeps intact the increased investor protection standards presently required by the states, while clarifying the conditions under which investment advisers, investment adviser representatives, and solicitors must operate. […]
June 9, 2009
Amendments to Forms U4 and U5 and Proposed Guidance for Filings by Investment Adviser Representatives
The NASAA CRD/IARD Steering Committee and the CRD/IARD Forms and Process Committee have worked with FINRA, regulators, and representatives of the financial services industry in developing amendments to the Form U4 and Form U5. The proposed changes have been published by both FINRA and the SEC for public comment. On May 13, 2009, the SEC […]
February 20, 2009
NASAA’s Proposed Adoption of a Statement of Policy Regarding Multi-State Review of Requests for Interpretive Opinions and No-Action Letters
The NASAA Coordinated Interpretations Project Group requests comment from the public on the adoption of a new Statement of Policy Regarding Multi-State Review of Requests for Interpretative Opinions and No-Action Letters. The comment period begins February 20, 2009 and will remain open for 30 days. Accordingly, all comments should be submitted on or before March […]
February 20, 2009
NASAA's Proposed Adoption of a Statement of Policy Regarding Multi-State Review of Requests for Interpretive Opinions and No-Action Letters
The NASAA Coordinated Interpretations Project Group requests comment from the public on the adoption of a new Statement of Policy Regarding Multi-State Review of Requests for Interpretative Opinions and No-Action Letters. The comment period begins February 20, 2009 and will remain open for 30 days. Accordingly, all comments should be submitted on or before March […]
September 23, 2008
NASAA's Proposed Commentary to the 2008 Franchise Registration and Disclosure Guidelines
NASAA’s Franchise and Business Opportunities Project Group has released for internal and public comment a proposed Commentary to the 2008 Franchise Registration and Disclosure Guidelines (“2008 Franchise Commentary”). The 2008 Franchise Commentary contains practical guidance about complying with new Franchise Registration and Disclosure Guidelines and addresses questions of interpretation that have arisen about those Guidelines. The […]
September 23, 2008
NASAA’s Proposed Commentary to the 2008 Franchise Registration and Disclosure Guidelines
NASAA’s Franchise and Business Opportunities Project Group has released for internal and public comment a proposed Commentary to the 2008 Franchise Registration and Disclosure Guidelines (“2008 Franchise Commentary”). The 2008 Franchise Commentary contains practical guidance about complying with new Franchise Registration and Disclosure Guidelines and addresses questions of interpretation that have arisen about those Guidelines. The […]
July 18, 2008
NASAA's Proposed Amendments to its Model Rules on Investment Advisers and Investment Adviser Representatives
NASAA’s Investment Adviser Regulatory Policy and Review Project Group (“Project Group”) is soliciting comments from the public on a proposed set of investment adviser model rules written to reflect the organization and content of the 2002 Uniform Securities Act (“USA 2002”). The Project Group is also seeking public comment on proposed revisions to the existing […]
July 18, 2008
NASAA’s Proposed Amendments to its Model Rules on Investment Advisers and Investment Adviser Representatives
NASAA’s Investment Adviser Regulatory Policy and Review Project Group (“Project Group”) is soliciting comments from the public on a proposed set of investment adviser model rules written to reflect the organization and content of the 2002 Uniform Securities Act (“USA 2002”). The Project Group is also seeking public comment on proposed revisions to the existing […]
February 26, 2008
