Current Headlines
December 15, 2014
NASAA Launches Streamlined Electronic Filing Depository
December 15, 2014--EFD Offers Efficiency for Issuers and Improved Transparency for Investors
December 1, 2014
NASAA Issues Advisory on Third-Party Custodians of Self-Directed IRAs and Other Qualified Plans
December 1, 2014--“While self-directed IRAs can be a safe way to invest retirement funds, investors should understand that third-party custodians have limited duties to investors,” said William Beatty, NASAA President and Washington Securities Director.
November 20, 2014
NASAA Urges Investors to Approach High-Yield Investment Programs With Caution
November 20, 2014--High-yield investment programs, or HYIPs, are Ponzi schemes sold by unlicensed individuals.
November 12, 2014
New Products in Classic Schemes Identified as Top Investor Threats
November 12, 2014--“Many of the top threats facing investors involve new products in classic schemes,” said William Beatty, NASAA President and Washington Securities Director. “Regulators are seeing classic threats to investors morph into new or altered dangers, many fueled by the Internet. Overarching all of these threats are unlicensed agents selling unregistered products to unsuspecting investors.”
November 4, 2014
States Report Rise in Enforcement Actions Against Licensed Broker Sales Agents
November 4, 2014--Enforcement Report Shows Unlicensed Individuals, Firms Continue as Greatest Source of State Enforcement Actions
October 29, 2014
NASAA Cautions Investors to Guard Against Ebola-Related Scams
October 29, 2014--NASAA Task Force Monitoring Internet for Fraud Following Outbreak of Ebola-Related Website Names
October 20, 2014
IARD System Fee Waiver Announced for Investment Adviser Firms
October 20, 2014--NASAA Continues Reduced System Fees for Investment Adviser Representatives
October 8, 2014
NASAA Statement on PIABA Arbitration Study
October 8, 2014--“NASAA has consistently raised concerns about the mandatory predispute resolution process and the report issued by PIABA notes additional important issues related to arbitrator disclosure and transparency that merit further review. NASAA continues to support the Investor Choice Act, introduced by Rep. Keith Ellison (D-MN) and supported by 30 House members, which would provide investors an opportunity to seek resolution of their claims through the court system.”
September 29, 2014
States Report Increase in Prison Time for Securities Law Violators
September 29, 2014--Aggressive Enforcement By State Securities Regulators Brings Criminals to Justice
September 16, 2014
