Advisors Get Online Help to Identify ‘Switch’ Requirements: NASAA
NASAA said that the resource is located on the association's website and offers, as a convenience for advisors, information on individual state registration requirements.
Differences Between State and SEC Regulation of Investment Advisors
States may impose licensing or registration requirements on IARs doing business in their jurisdiction, even if the IAR works for an SEC-registered firm. States may investigate and prosecute fraud by any IAR in their jurisdiction, even if the individual works for an SEC-registered firm.
NASAA Launches Coordinated Review Program to Help Advisors ‘Switch’
NASAA announced Tuesday that it had developed a coordinated review program for investment advisors switching from federal to state oversight as mandated by the Dodd-Frank Act.
Congress Urged to Preserve States' Authority in Any SRO for Advisors
Just as the Pennsylvania Securities Commissioner was warning members of a House subcommittee on Tuesday to not trump states’ authority in potentially requiring an SRO for advisors, the newly christened NASAA president was beating the same drum miles away.