Elder Financial Abuse Targeted by State Regulators
Since 2008, NASAA said, more than 34% of enforcement actions by state securities regulators have involved senior victims.
NASAA Launches Multi-State Review Program for Small-Business Offerings
Under the program, Regulation A filings can be made in one place and distributed electronically to all states, NASAA says.
5 Digital Currency Risks Investors Should Know: NASAA
Volatility and lack of regulation pose several hazards for investors in virtual currencies like bitcoin, state regulators warn.
BD Fee Disclosures Have ‘Wide Disparity’: NASAA
BDs are also using “questionable practices” in relation to fee charges and markups, according to a survey released Thursday by state regulators.
State Regulators OK Plan to Streamline Filings for Small Offerings
The proposal to have Regulation A filings made in one place would ease compliance costs for small firms trying to raise capital under the JOBS Act, NASAA says.
NASAA’s Fleming Named SEC’s First Investor Advocate
Rick Fleming, a lawyer, becomes the first person to lead the Office of the Investor Advocate, which was created under Dodd-Frank.
SEC Investor Advisory Committee Approves Fiduciary, User-Fee Plans
Recommendation on how brokers should be put under a fiduciary mandate sailed through the full committee Friday, but members voiced concern about user-fee plan.
You’re Outta Here: Big Jump in Advisors Barred by States
For the third consecutive year, private offerings were the products most often reported at the heart of state securities cases, NASAA said.
‘Alarming’ Number of Broker Arbitration Records Wiped Clean: Study
A study of more than 1,600 arbitration cases over the past five years shows an “alarmingly high” rate of brokers who were able to get their arbitration histories wiped clean, according to a report released in mid-October by the Public Investors Arbitration Bar Association (PIABA).
Top 10 Threats Facing Investors, Small Businesses
NASAA warns that investors and small businesses should be on high alert in light of new rules under the JOBS Act.