Newsroom
April 29, 2008
NASAA Applauds Proposed Amendment to Require Disclosure of Allegations Against Brokers in Arbitrations and Civil Lawsuits
WASHINGTON, D.C. (April 29, 2008) – The North American Securities Administrators Association (NASAA) today said a rule amendment recently proposed by the Financial Industry Regulatory Authority (FINRA) would enhance investor protection by improving disclosure of investor allegations of sales practice violations by brokers in securities arbitration claims and civil lawsuits. “We applaud the joint efforts […]
April 17, 2008
State Securities Regulators Coordinate Ongoing Auction-Rate Securities Investigations
WASHINGTON, D.C. April 17, 2008—The North American Securities Administrators Association (NASAA) today said that several of its members have been conducting investigations involving auction-rate securities (ARS) and are coordinating their efforts to help investors who cannot access funds that their brokers placed in these complex investment products. “Given the number and nature of the complaints […]
April 14, 2008
NASAA Commends Dateline NBC for Helping Expose Questionable Equity Indexed Annuity Sales Practices to Seniors
WASHINGTON, D.C. April 14, 2008—The North American Securities Administrators Association (NASAA) today commended Dateline NBC for its April 13 program, “Tricks of the Trade,” which exposed questionable sales practices that some insurance agents use to sell equity indexed annuities that may be unsuitable investments for seniors. “Dateline’s producers and correspondent Chris Hansen are to be […]
April 1, 2008
State Securities Regulators Announce New Model Rule on the Use of Senior Certifications and Professional Designations
NASAA Also Voices Strong Support for the ‘Senior Protection Act of 2008’ and Applauds Sen. Herb Kohl’s Leadership in the Fight Against Senior Investment Fraud WASHINGTON, D.C. April 1, 2008—The North American Securities Administrators Association (NASAA) today announced that its membership has approved a new model rule prohibiting the misleading use of senior and retiree designations, […]
March 31, 2008
NASAA Statement on Treasury Department’s Financial Services Regulatory Restructuring Plan
WASHINGTON, D.C. March 31, 2008—The following is a statement by Karen Tyler, President of the North American Securities Administrators Association (NASAA) and North Dakota Securities Commissioner, regarding the Treasury Department’s Blueprint for Regulatory Reform. NASAA is the oldest international organization devoted to investor protection. NASAA’s membership consists of the securities administrators in the 50 states, […]
March 31, 2008
NASAA Statement on Treasury Department's Financial Services Regulatory Restructuring Plan
WASHINGTON, D.C. March 31, 2008—The following is a statement by Karen Tyler, President of the North American Securities Administrators Association (NASAA) and North Dakota Securities Commissioner, regarding the Treasury Department’s Blueprint for Regulatory Reform. NASAA is the oldest international organization devoted to investor protection. NASAA’s membership consists of the securities administrators in the 50 states, […]
March 25, 2008
NASAA, SIPC Offer Answers to Investors Concerned About the Safety of Their Brokerage Accounts
WASHINGTON, D.C. March 25, 2008 – In the wake of recent turbulence in the financial markets, the North American Securities Administrators Association (NASAA) today joined with the Securities Investor Protection Corporation (SIPC), which maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms, to remind investors of the important and […]
March 12, 2008
Speakers Announced for NASAA Public Policy Conference
Sen. Jack Reed, SEC Commissioner Christopher Cox to Address April 1 Event; Panels to Explore the Horizon of Financial Services Regulation WASHINGTON, D.C. March 12, 2008—The North American Securities Administrators Association (NASAA) today announced the line-up of speakers and panels for its 2008 Public Policy Conference, which will be held April 1 in Washington, D.C. […]
February 25, 2008
NASAA Brings Fraud Prevention Focus to America Saves Week
WASHINGTON, D.C. (February 25, 2008) – The North American Securities Administrators Association (NASAA), in observance of America Saves Week, today encouraged investors not only to save but also to protect their assets through fraud prevention. “Ben Franklin reminded us, ‘A penny saved is a penny earned.’ This week we encourage investors to take that advice […]
February 8, 2008
