Newsroom
October 31, 2003
NASAA Statement on Approval of Global Settlement
WASHINGTON (October 31, 2003) – NASAA President Ralph A. Lambiase today said state securities regulators are pleased that the Honorable William H. Pauley III, United States District Judge for the Southern District of New York, has approved the historic $1.4 billion global settlement of enforcement actions against 10 major Wall Street firms. “This settlement represents […]
September 30, 2003
NASAA Statement On SEC Hedge Fund Report
WASHINGTON (September 30, 2003) —The following is a statement by Ralph A. Lambiase, President of the North American Securities Administrators Association (NASAA) and Connecticut Securities Director, regarding the Securities and Exchange Commission’s staff report “The Implications of the Growth of Hedge Funds.” NASAA was founded in 1919 and is the voice of securities agencies responsible […]
September 24, 2003
NASAA Statement On Multi-State Enforcement Action Targeting Advance Fee Scheme
WASHINGTON (September 24, 2003) –The following is a statement by Ralph A. Lambiase, President of the North American Securities Administrators Association (NASAA) and Connecticut Securities Director, regarding the multi-state enforcement action announced today by securities regulators in Alabama, Massachusetts, Oklahoma and Puerto Rico. This enforcement action targets an “advance fee” scheme that allegedly defrauded individuals […]
September 16, 2003
State Securities Regulators Install New President, Board of Directors
New NASAA President Ralph A. Lambiase pledges to focus on increasing cooperation among regulators, maintaining state authority, advancing shareholders’ rights, and examining arbitration CHICAGO (September 16, 2003) – Ralph A. Lambiase, Connecticut’s Director of Securities, today was named President of the North American Securities Administrators Association (NASAA), which represents state and provincial securities regulators in […]
September 14, 2003
SEC Staff and North American Securities Administrators Association to Explore Means to Improve Cooperation
Joint Initiative Will Develop Best Practices for Coordination of Federal and State Enforcement Activities Washington, D.C. (September 14, 2003) — Securities and Exchange Commission Chairman William H. Donaldson and NASAA President Christine A. Bruenn today announced a joint initiative to address issues of coordination and cooperation between federal and state securities enforcement authorities. The initiative […]
September 13, 2003
2003 Presidential Speech, Connecticut Division of Securities Director Ralph Lambiase
September 16, 2003, NASAA Annual Conference, Chicago, Illinois
September 4, 2003
State Securities Cops: Senior Investors Facing a Perfect Storm for Investment Fraud
State Regulators Announce Initiatives to Help Seniors Weather Dangerous Times WASHINGTON (September 4, 2003)– Volatile stock markets, record low interest rates, rising health care costs, and increasing life expectancy, have combined to create a perfect storm for investment fraud against senior investors, state securities regulators warned today. The North American Securities Administrators Association (NASAA), which […]
July 14, 2003
NASAA Statement On State Investigation of Morgan Stanley Mutual Fund Sales Practices
WASHINGTON (July 14, 2003) –The following is a statement by Christine A. Bruenn, President of the North American Securities Administrators Association (NASAA), regarding the enforcement action against Morgan Stanley announced today by Massachusetts Secretary of State William F. Galvin and New York State Attorney General Eliot Spitzer. The oldest international organization devoted to investor protection, […]
July 10, 2003
