All: Regulatory Activity

State Securities Regulators Announce Settlements with JP Morgan, Morgan Stanley in Auction Rate Securities Investigations

WASHINGTON, D.C. August 14, 2008 — The North American Securities Administrators Association (NASAA), Illinois Securities Department and Florida Office of Financial Regulation, along with the New York Office of the Attorney General, today announced that settlements have been reached with JP Morgan and its affiliates (including Bear Stearns & Co. Inc.) and Morgan Stanley, which […]

2008 Headlines, ARS, Enforcement Activity, Issues & Advocacy, Legal Activity, Newsroom Read more

Securities Regulators Announce Settlement with UBS in Auction Rate Securities Investigation

WASHINGTON, D.C. August 11, 2008 — Karen Tyler, President of the North American Securities Administrators Association (NASAA), announced today that a settlement in principle has been reached between UBS Securities LLC and UBS Financial Services, Inc. (UBS) and state and federal securities regulators.  The settlement will provide thousands of UBS clients with access to billions […]

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Securities Regulators Announce Settlement with Citigroup in Auction Rate Securities Investigation

WASHINGTON, D.C. August 7, 2008— North American Securities Administrators Association (NASAA) President Karen Tyler, Texas Securities Commissioner Denise Voigt Crawford, and New York Attorney General Andrew Cuomo, and the Securities and Exchange Commission announced today that a settlement has been reached with Citigroup, Inc., which will give thousands of Citigroup clients access to billions of […]

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Washington State Securities Division Amends Private and Limited Offering Rules: The Washington State Securities Division has amended the rules set forth in WAC 460-44A-500 and 460-44A-502 through -506 in light of amendments to related rules set forth in federal Regulation D

July 31, 2008 Print | PDF | Email

Regulatory Activity, State Rule Proposals Read more

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 […]

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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 […]

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State Securities Regulators Coordinate Ongoing Auction-Rate Securities Investigations

WASHINGTON, D.C. April 17, 2008—The North American Securities Administrators Association (NASAA) today said that several of its members have been conducting investigations involving auction-rate securities (ARS) and are coordinating their efforts to help investors who cannot access funds that their brokers placed in these complex investment products. “Given the number and nature of the complaints […]

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Maine Office of Securities Seeks Comments on Proposal to Repeal and Replace Section 11 of Chapter 515 of the Rules of the Office of Securities Concerning Investment Adviser Licensing

April 15, 2008 Print | PDF | Email

Regulatory Activity, State Rule Proposals Read more

2008 Franchise Registration and Disclosure Guidelines

2008 FRANCHISE REGISTRATION AND DISCLOSURE GUIDELINES February 26, 2008 (AMENDED AND RESTATED UFOC GUIDELINES) The Board of Directors of the North American Securities Administrators Association, Inc. (NASAA) has authorized the release, for both internal and public comment, the attached proposal for updated franchise registration and disclosure guidelines.  The proposal would allow states that register franchise […]

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Proposed NASAA Model Rule on the Use of Senior-Specific Certifications and Professional Designations

Comments are being solicited from the public on the following proposed model rule concerning the use of senior-specific certifications and professional designations. The comment period will remain open for 30 days, until December 9, 2007. Comments: AARP American Council of Life Insurers The American College American National Standards Institute CFP Board College of Financial Planning Financial Planners […]

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