Newsroom
May 11, 2004
NASAA Comments on SEC Mutual Fund Proposals
WASHINGTON (May 11, 2004)—In separate comment letters to the SEC, NASAA President and Connecticut Securities Director Ralph Lambiase calls for the agency to eliminate mutual fund 12b-1 fees and suggests that requiring mutual funds to impose a minimum holding period for fund shares would more effectively curtail market-timing abuses than the imposition of a mandatory […]
April 30, 2004
President’s Remarks, NASAA CRD/IARD Training
April 30, 2004, NASAA President Ralph Lambiase, NASAA CRD/IARD Training, Atlanta, Georgia
April 30, 2004
President's Remarks, NASAA CRD/IARD Training
April 30, 2004, NASAA President Ralph Lambiase, NASAA CRD/IARD Training, Atlanta, Georgia
March 23, 2004
Seniors Face Growing Risk of Internet Investment Fraud, State Securities Regulator Tells Senate Panel
WASHINGTON—Squeezed by rising medical costs and lower returns on income-generating investments, seniors are increasingly turning to the Internet for alternative investment opportunities and are more vulnerable than ever to online investment scams, a representative of the North American Securities Administrators Association (NASAA) told a Senate committee today. “With the Internet becoming a common part of […]
February 25, 2004
NASAA Statement on the Securities Fraud Deterrence and Investor Restitution Act of 2003 (H.R. 2179)
WASHINGTON (February 25, 2004) – The following is a statement by Ralph A. Lambiase, President of the North American Securities Administrators Association (NASAA) and Connecticut Securities Director, on H.R. 2179, the “Securities Fraud Deterrence and Investor Restitution Act of 2003.” “NASAA is pleased that Congress recognizes that state securities regulators are essential partners to federal […]
January 14, 2004
State Securities Regulators Release Top 10 Scams, Schemes & Scandals
Mutual Fund Practices, Senior Investment Fraud, Variable Annuities Join 2004 List WASHINGTON (January 14, 2004) – State securities regulators today forecast that investors will be challenged with increasingly complex and confusing investment frauds and identified the Top 10 schemes investors are likely to see in 2004. New to the North American Securities Administrators Association’s (NASAA) […]
December 23, 2003
NASAA Names Veteran Lobbyist John Hanley as Executive Director
WASHINGTON (December 23, 2003) – The North American Securities Administrators Association (NASAA) today named John H. Hanley as Executive Director, effective January 5. “On behalf of NASAA’s Board of Directors, I am pleased that John will join us in this key position and am confident that his leadership and extensive knowledge of financial issues will […]
November 4, 2003
State, Federal Investigations Demonstrate ‘Fundamental Unfairness’ in Mutual Fund Industry
NASAA Urges Congress to Strengthen Mutual Fund Legislation WASHINGTON (November 4, 2003) — The nation’s top state securities regulator today praised the efforts of state and federal regulators as they advance ongoing investigations into trading practices in the $7 trillion mutual fund industry and urged Congress to strengthen legislation to protect the nation’s 95 million […]
November 3, 2003
NASAA Announces Update to Series 65 & 66 Exam Specifications
More Detail Provided on Scope of Tests; Content, Cost Unchanged WASHINGTON (November 3, 2003) – The North American Securities Administrators Association (NASAA) today announced upgrades to specifications for two of its exams: the Series 65 exam, which individuals must pass before being licensed as investment adviser representatives by state securities regulators, and the Series 66, […]
November 3, 2003
