Newsroom
June 4, 2009
NASAA President Appointed to SEC Investor Advisory Committee
WASHINGTON (June 4, 2009) – State securities regulators have joined forces with their federal counterparts to give investors a greater voice in Washington. Fred Joseph, president of the North American Securities Administrators Association (NASAA) and Colorado Securities Commissioner, will serve on the newly created Investor Advisory Committee of the Securities and Exchange Commission. “State securities […]
May 28, 2009
NASAA Supports the Hedge Fund Adviser Registration Act of 2009 (H.R. 711)
Legislation Would Require Hedge Fund Advisers to Register with SEC WASHINGTON (May 28, 2009) – The North America Securities Administrators Association (NASAA) today endorsed proposed bipartisan legislation that would require hedge fund advisers to register with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The Hedge Fund Adviser Registration Act of […]
May 21, 2009
NASAA Voices Support for Arbitration Fairness Act of 2009 (S. 931, H.R. 1020)
WASHINGTON, D.C. (May 21, 2009) –The North American Securities Administrators Association (NASAA) today announced its full support of the Arbitration Fairness Act of 2009 (S. 931, H.R. 1020), which seeks to protect the right of Americans to have their day in court by making pre-dispute agreements requiring arbitration for any employment, consumer, franchise or civil […]
May 6, 2009
NASAA Reminds Investors to Investigate Before Investing
State Securities Regulators Offer Extensive Background Information on Stockbrokers and Investment Advisers WASHINGTON, D.C. (May 6, 2009)—The Madoff Ponzi scheme and other high-profile breaches of trust by financial professionals are strong reminders of the need to check the background of financial professionals before you trust them with your money, the North American Securities Administrators Association (NASAA) […]
May 4, 2009
State Securities Regulators Voice Strong Support For Senior Investment Protection Act
NASAA Applauds Sen. Herb Kohl’s Leadership in the Ongoing Fight Against Senior Investment Fraud WASHINGTON, D.C., May 4, 2009—The North American Securities Administrators Association (NASAA) today announced its strong support for the “Senior Investment Protection Act of 2009” (S. 906), legislation designed to protect senior investors from unscrupulous and unqualified financial advisers. Introduced by Sen. […]
April 29, 2009
State Securities Regulators Continue to See Fraud and Abuse in the Life Settlement Market
WASHINGTON, D.C. (April 29, 2009)—State securities regulators continue to see problems of fraud and abuse in the growing life settlement industry and outlined for Congress the need for strong regulation of these financial products by appropriate regulatory authorities. “Although life settlements may serve a useful purpose by enhancing the value and liquidity of life insurance […]
April 28, 2009
NASAA President to Testify Before Senate Committee Examining the Life Settlement Market
WASHINGTON, D.C. (April 28, 2009)—North American Securities Administrator Association President and Colorado Securities Commissioner Fred Joseph is scheduled to testify Wednesday before the U.S. Senate Special Committee on Aging in a hearing exploring the growing life settlement industry and its impact on seniors. The hearing, “Betting on Death in the Life Settlement Market – What’s […]
April 16, 2009
NASAA Public Policy Conference to Spotlight Panels on Financial Regulatory Restructuring and Systemic Risk Regulation
U.S. Rep. Paul Kanjorski to Deliver Keynote Address WASHINGTON (April 16, 2009) – State securities regulators will convene in Washington, D.C. this month to discuss the challenges facing the current financial services regulatory structure and outline policy proposals to strengthen regulatory safeguards for Main Street investors. The North American Securities Administrators Association (NASAA) will host […]
March 31, 2009
NASAA Launches Website to Help Auction-Rate Securities Investors Navigate Arbitration Process
WASHINGTON (March 31, 2009) – As state securities regulators continue to provide relief to auction-rate securities (ARS) investors, the North American Securities Administrators Association (NASAA) has launched a new website to guide investors seeking damages through a special arbitration process created as part of the recent settlements reached with several major Wall Street firms. To […]
March 26, 2009
