Current Headlines
February 28, 2020
NASAA Reminds Investors to Beware of Con Artists Looking to Profit from Fear and Uncertainty
In light of the ongoing developments related to the current coronavirus (COVID-19) situation, and its impact on financial markets, state and provincial securities regulators are reminding investors to beware of con artists seeking to capitalize on fear and uncertainty.
February 13, 2020
NASAA Seeks Public Comment on Proposed Continuing Education Program for Investment Adviser Representatives
"We are proposing a responsive and relevant continuing education program to help investment adviser representatives better serve their clients and keep their skills sharp by remaining knowledgeable of current regulatory requirements and best practices,” said Christopher W. Gerold, NASAA President and Chief of the New Jersey Bureau of Securities.
February 11, 2020
State Report and Hold Laws Show Positive Impact in Fight Against Senior Financial Exploitation
Reports of suspected senior financial exploitation are increasing in jurisdictions that have enacted legislation or regulations based on NASAA’s Model Act to Protect Vulnerable Adults From Financial Exploitation.
January 21, 2020
NASAA Names New General Counsel
Vincente Martinez has joined NASAA as General Counsel reporting to Executive Director Joseph Brady.
January 8, 2020
NASAA Introduces New Podcast Series “Real Life Regulators”
New podcast series to brings true crime stories straight from the investigative files of state and provincial securities regulators, the securities regulators closest to investors.
December 23, 2019
NASAA Announces Top Investor Threats for 2020
Based on investor complaints, ongoing investigations and current enforcement trends, the securities regulators identified promissory notes, Ponzi schemes, real estate investments, cryptocurrency-related investments and social media/Internet-based investment schemes as the top five areas of concern for 2020.
December 18, 2019
NASAA Statement on the SEC’s Proposed Rule Amendment Regarding the “Accredited Investor” Definition
A statement from Christopher W. Gerold, NASAA President and Chief of the New Jersey Bureau of Securities, regarding a rule amendment proposed by the U.S. Securities and Exchange Commission related to the “accredited investor” definition. This definition helps determine whether investors have the financial wherewithal and understanding to be sold high-risk and unregistered private securities offerings.
December 11, 2019
Broker-Dealer E&O Insurance Could Provide Relief for Investors with Unpaid Arbitration Awards
In a new report released today, NASAA encourages broker-dealers to use errors and omissions (E&O) insurance as a resource to help meet their potential obligations to pay arbitration awards to their customers.
November 13, 2019
NASAA Upgrades Exam Resource for State Securities Examiners
NASAA today announced the launch of a significantly enhanced NASAA Electronic Examinations Module (NEMO). This web-based software application is available for use by state securities examiners to conduct examinations of state-registered investment advisers and broker-dealers within their jurisdictions.
October 30, 2019
