Displaying 229 results
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…
RIA enforcement cases double: NASAA
State regulators brought almost twice as many enforcement actions against registered investment advisory firms last year as in…
With NASAA president Heath Abshure: ‘We also need to be active in drafting legislation’
Arkansas Securities Commissioner Heath Abshure, the newly elected president of the North American Securities Administrators Association Inc., last…
Supervision is lacking at B-Ds, NASAA says
State regulators are seeing fewer problems with variable annuity sales but continue to see violations in some areas…
NASAA head bashes idea of SRO – in Finra’s backyard
A state securities regulator, speaking at a conference Tuesday, was not bashful about slamming proposed legislation — even…
Delays mar switch to state registration
Hundreds of midsize SEC-registered investment advisers are likely to miss this Thursday's deadline for completing their switch to…
RIAs registered with multiple states get more time for help
RIA firms that must switch from Securities and Exchange Commission to state oversight this year have another month…
SEC bound to protect less sophisticated investors
The following is an edited version of a speech given Sept. 12 by Elisse B. Walter, a member of the Securities and Exchange Commission, in Wichita, Kan., at the annual conference of the North American Securities Administrators Association Inc.
Crowd funding draws scorn from NASAA
Crowd funding, a capital-raising mechanism designed to help small businesses, could become the next Regulation D-like rip-off, according…
Regulators to scrutinize nontraded business development companies
Coming Finra investor alert for business development companies could highlight concerns similar to those of nontraded REITs
‘Crowd-funding’ bill stalls in Senate
Legislation that would allow companies to raise capital online in increments of up to $10,000 per investor sailed through the House in early November by a 407-17 vote.
Jack Herstein: Empowering state securities cops
State securities regulators sometimes must feel like schoolyard weaklings, constantly being picked on by the bigger guys in the political playgrounds of Washington.
NASAA warns about shady characters infecting crowd funding
State securities regulators warned senators today about the potential dangers of legislation that would allow start-up firms to raise capital over the Internet.
States announce reviews for midsize advisers
State regulators last week announced a coordinated review program for midsize investment advisers who will have to switch…
‘Crowd funding’ draws the ire of state regulators
State regulators are up in arms about efforts to expand online offerings of private placements
State securities cops find more compliance violations
In their biennial tracking of the compliance violations of small investment advisers, state regulators have found a slight uptick in deficiencies per adviser, with about 45% of advisers found to have at least one books-and-records violation
‘Selling away’ again a concern for regulators
Suddenly, selling away is again a big concern for regulators and law enforcement agencies. In recent months, former reps at several marquee B-Ds have been investigated for allegedly peddling unapproved investments on the side. | Extra What top RIA execs earn
NASAA releases list of top 10 swindles, scams and traps
Investor scams are alive and well, according to the North American Securities Administrators Association Inc., which published its…
Reg switch from SEC to states delayed until 2012
Like many other areas of the sweeping Dodd-Frank financial regulatory reform law, the transfer of some investment advisers…
Securities America on brink without legal settlement
Securities America Inc. could go out of business if a federal judge does not approve a $21 million class action settlement related to private-placement litigation against the company
