Current Headlines
September 12, 2016
NASAA Releases Guide to Practices and Procedures for Protecting Senior Investors and Vulnerable Adults from Financial Exploitation
September 12, 2016--New NASAA guide released to assist broker-dealer and investment adviser firms in developing practices and procedures to detect and address instances of diminished capacity in senior and other clients and suspected cases of senior financial exploitation.
September 12, 2016
NASAA Coordinated Exams Focus on Broker-Dealer Policies and Procedures for Senior Investors
September 12, 2016--Preliminary findings of coordinated examinations of broker-dealer firms by state securities regulators show that while improvements have been made in how firms interact with their elderly clients, some firms lack formal written procedures on key areas related to senior investors.
September 8, 2016
NASAA Adds Financial Services Module to Senior$afe Training Program
September 8, 2016--States also making plans for Senior$afe training week October 2-8, 2016.
August 17, 2016
NASAA Annual Conference to Explore Diversity in Today’s Financial Marketplace
August 17. 2016--Conference to Feature SEC Chair Mary Jo White; Panels on Gender Diversity in the Workplace & Benefits and Challenges of Serving and Protecting Increasingly Diverse Investor Populations
July 12, 2016
NASAA Statement in Response to House Passage of H.R. 5421
July 12, 2016--"We appreciate improvements that have been made to H.R. 5421. However, we continue to oppose the legislation as it is yet another federal law that erodes state authority to protect investors."
July 6, 2016
NASAA Statement on House Passage of The Senior$afe Act of 2016
July 6, 2016--NASAA commends the U.S. House of Representatives for its resounding approval of H.R. 4538, the Senior$afe Act of 2016, and looks forward to working closely with Sen. Susan Collins (R-ME), and other members of the Senate to secure its passage in that chamber.
June 16, 2016
NASAA Statement on The Senior$afe Act of 2016
June 16, 2016--NASAA applauds the passage of the Senior$afe Act of 2016 by the House Financial Services Committee and appreciates the efforts of those in Congress to address the critical policy challenges presented by senior financial exploitation.
June 15, 2016
NASAA Recognizes and Supports World Elder Abuse Awareness Day by Announcing Senior$afe Training Week
June 15, 2016--“Senior$afe is an important resource in the fight against elder financial exploitation,” said NASAA President and Maine Securities Administrator Judith Shaw. “This battle is a top priority for NASAA not just on World Elder Abuse Awareness Day, but every day.”
June 14, 2016
NASAA Statement on FINRA CEO Transition
June 14, 2016--“NASAA members share Mr. Cook’s commitment to protecting investors while ensuring fair financial markets. NASAA looks forward to building upon the positive working relationship established with Mr. Cook during his tenure at the Securities and Exchange Commission as we address areas of mutual interest, including sales practices involving alternative investment products, financial exploitation of senior investors, expungement, and arbitration.”
May 16, 2016
