North American Securities Administrators Association Inc (NASAA)
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Brokers charged by state securities officials see prison time rise
Enforcement actions by NASAA members resulted in one-third-longer sentences last year over 2012.
Beatty takes reins of NASAA, focuses on protecting senior investors
Other issues state regulators are tackling include expungement, broker fee disclosures and REIT concentration in portfolios.
Expungement reform top issue for state regulators this year
Potential changes to the process by which brokers can remove disciplinary information from their online records are under review.
Foot-dragging on rules harms investors
Regulators are notorious for dragging their feet, and investors suffer when new rules take too long to be finalized.
Are changes ahead in the way nontraded REITs are sold?
Fat commissions could be trimmed if states approve regulations affecting the sale of nontraded real estate investment trusts.
Restoring investors' confidence in the markets
The president of the North American Securities Administrators Association discusses what the financial industry needs to do to rebuild client trust.
New NASAA chief: Time to beef up the SEC
Ohio Securities Commissioner Andrea Seidt is concerned that the Securities and Exchange Commission is getting bogged down. As the newly appointed head of the North American Securities Administrators Association Inc., she wants state securities regulators to help the SEC get more federal funding and
Eyeing whether E&O should cover arb awards
State regulators want to ensure that brokers pay arbitration awards to harmed investors, but question how.
Take 5: New NASAA president Andrea Seidt
Ohio Securities Commissioner Andrea Seidt is concerned that the Securities and Exchange Commission is getting bogged down.
National online system proposed for securities offerings
New NASAA president proposes creating a national online system for securities offerings that she says would help protect investors and at the same time help companies raise capital.
Regulators: Don't get lost in the soup
NASAA, SEC issue note about titles used by financial advisers amid confusion.
Arbitration bill is introduced
Rep. Keith Ellison, D-Minn., a member of the House Financial Services Committee, has introduced legislation that would end mandatory arbitration in broker and investment adviser agreements with clients, but the bill faces an uphill battle.
Risky alt investments being probed
The Massachusetts securities cop last week sent subpoenas to 15 brokerages as part of a probe of sales of alternatives. Here are the products the regulator is zeroing in on.
Tussle over mandatory arbitration
The Securities and Exchange Commission may be putting off reforming mandatory-arbitration clauses in brokerage contracts, but that doesn't mean state regulators are backing off their fight to change the system.
States to midsize firms: Skip the outside help
Midsize advisory firms that are under the oversight of state regulators don't need to hire expensive consulting firms to manage the transition, but they do need to take the transition seriously, according to Michigan's securities director.