Current Headlines
July 26, 2004
NASAA Names New General Counsel, Deputy General Counsel
Rex Staples and Steve Hall Appointed to Top Legal Posts WASHINGTON (July 26, 2004) — The North American Securities Administrators Association, Inc. (NASAA) announced today that Rex A. Staples will be joining the organization as its General Counsel, effective September 7. He will report to NASAA Executive Director John H. Hanley. Staples, 46, will join […]
July 14, 2004
"NASAA Listens" Forum on Arbitration To Be Webcast Live
WASHINGTON (July 14, 2004) —The North American Securities Administrators Association, Inc. today announced plans to broadcast its public “NASAA Listens” Forum on Arbitration live on the Internet. The Forum will be available on the NASAA website at 12:30 p.m. (EDT) on July 20. The 90-minute audio-only webcast also will be archived on NASAA’s website for […]
June 21, 2004
State Securities Regulators to Host Arbitration Forum
Public Forum to be Held as Record Numbers of Investors Turn to Arbitration to Resolve Disputes WASHINGTON (June 21, 2004) —The North American Securities Administrators Association, Inc., today announced plans to host a public forum to explore the strengths and weaknesses of the arbitration process from a variety of perspectives. The “NASAA Listens” Forum is […]
June 2, 2004
Senate Banking Committee Examines Important Role of State Securities Regulators in Protecting Investors
WASHINGTON (June 2, 2004)—In testimony before the Senate Banking Committee, state securities regulators today highlighted the important role states play in protecting investors, whether from abusive mutual fund and variable annuity sales practices or back-office boiler-room operators pitching fly-by-night investment scams. “State securities administrators share a common passion for protecting citizens from investment fraud and […]
May 20, 2004
NASAA Outlines Financial Education Initiatives in Testimony Before Federal Commission
WASHINGTON (May 20, 2004) — North Dakota Securities Commissioner Karen Tyler, on behalf of the North American Securities Administrators Association (NASAA), today outlined for the federal Financial Literacy and Education Commission the important role states play in providing financial education to help people from all walks of life build financial knowledge and security. “State securities […]
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 […]
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
