Newsroom
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
States Urge Congress to Reconsider Proposal That Weakens Investor Protection
WASHINGTON (July 10, 2003) — State securities regulators today voiced their strong opposition to a provision of the “Securities Fraud Deterrence and Investor Restitution Act” (H.R. 2179) that would significantly erode state investor protection efforts. “State securities regulators, the Securities and Exchange Commission, and Congress share the same goal of protecting the nation’s 85 million […]
May 21, 2003
NASAA Statement on HR 2179
(May 21, 2003) – “We support more resources and investigative powers for the SEC, as this legislation would provide,” said Christine Bruenn, president of NASAA and director of the Maine Office of Securities. “More and better-equipped cops on the securities beat can help restore confidence in our markets. “However, we’re troubled by the description of […]
April 30, 2003
Securities Regulators Unveil Fraud Awareness Quiz
Washington (April 30, 2003) — Are you at risk of becoming a victim of financial fraud? A simple quiz released today by Canadian and U.S. state securities regulators will help answer that question, while testing – and increasing – the financial knowledge of North Americans. The North American Securities Administrators Association (NASAA) and the Canadian […]
April 28, 2003
Ten of Nation`s Top Investment Firms Settle Enforcement Actions Involving Conflicts of Interest Between Research and Investment Banking
Historic Settlement Requires Payments of Penalties of $487.5 Million, Disgorgement of $387.5 Million, Payments of $432.5 Million to Fund Independent Research, and Payments of $80 Million to Fund Investor Education And Mandates Sweeping Structural Reforms Washington, DC and New York, (Apr. 28, 2003) — North American Securities Administrators Association President Christine Bruenn, Securities and Exchange Commission […]
April 28, 2003
President’s Remarks at SEC Regarding Global Settlement
April 28, 2003, NASAA President Christine Bruenn, Securities and Exchange Commission, Washington, D.C.
April 28, 2003
President's Remarks at SEC Regarding Global Settlement
April 28, 2003, NASAA President Christine Bruenn, Securities and Exchange Commission, Washington, D.C.
March 28, 2003
War, terror fears could be exploited by con artists, securities regulators warn
WASHINGTON (March 28, 2003) — With the U.S. on the brink of war with Iraq and heightened warnings of terrorism at home, investors should not make panicky financial decisions, state securities regulators advised Tuesday. They also repeated warnings, issued in the wake of the September 11 attacks and at the height of concerns about Year […]
March 13, 2003