Issues & Advocacy
September 13, 2011
Ensuring Appropriate Regulatory Oversight of Broker-Dealers and Legislative Proposals to Improve Investment Adviser Oversight
September 13, 2011 - Written testimony of Pennsylvania Securities Commissioner Steven Irwin, delivered to the House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, expressing NASAA’s opposition the creation of an SRO to oversee state regulated investment advisers.
August 9, 2011
Implementation of Dodd-Frank
June 15, 2011 NASAA raises concerns about H.R. 1070 and H.R. 1082.
August 9, 2011
Dodd-Frank Information Center
September 28, 2010 - “This legislation clearly is going to restructure relationships among regulators. We have an opportunity to strengthen these relationships and to engage in productive discussions about how our shared responsibilities can better protect investors.” - David S. Massey
July 25, 2011
Proposal to Revoke NASAA Health Care Facility Offering Statement of Policy
The Board of Directors of the North American Securities Administrators Association, Inc. (NASAA), has authorized release for public comment a proposal to repeal, revoke, or otherwise make inactive, the NASAA Health Care Facility Offerings Statement of Policy. The comment period will remain open for 30 days. Comments on the proposed repeal of the Health Care Facility Offerings […]
July 13, 2011
NASAA Regulatory Reform Roundtable
The North American Securities Administrators Association (NASAA) convened a public roundtable discussion in December 2008 to outline changes in the financial services regulatory structure that are necessary to promote Main Street investor protection, which state securities regulators have provided for nearly 100 years. “At this critical time in our nation’s history, it is imperative that […]
July 12, 2011
Enhanced Investor Protection After the Financial Crisis
July 12, 2011 - Written testimony of NASAA President David Massey, delivered to the Senate Committee on Banking, Housing, and Urban Affairs, discussing how the Dodd-Frank Act has provided enhanced protection to investors.
June 30, 2011
Proposed Model Franchise Exemptions
Notice of Request for Public and Internal Comment: Proposed Model Franchise Exemptions Download: Proposed Model Franchise Exemptions The Board of Directors of the North American Securities Administrators Association, Inc. (NASAA) has authorized the release, for both internal and public comment, of proposed Model Exemptions relating to state franchise registration and disclosure laws. The proposal includes model […]
June 13, 2011
Proposed Model Rule for Exempt Reporting Advisers
On December 10, 2010, NASAA published for comment a proposed model rule that would exempt investment advisers to certain types of private funds from state registration. NASAA received five comments in response to the proposed model rule. The drafters of the proposed rule reviewed the comments, and in response, revised several provisions within the proposed rule. NASAA […]
April 18, 2011
New Model Rules Pertaining to Investment Adviser Custody
NASAA’s Investment Adviser Section and Investment Adviser Regulatory Policy and Review Project Group are rereleasing for comment from interested persons proposed changes to the NASAA model rule pertaining to investment adviser custody. Download: Background Memo and Proposed Model Rule The comment period will remain open for 30 days. Accordingly, all comments should be submitted on or […]
February 17, 2011
