NASAA Names Abshure as President
A. Heath Abshure, Arkansas securities commissioner, began Tuesday a one-year term as president of NASAA, replacing Jack Herstein.
SEC Proposes JOBS Act Rule Easing Private-Offering Promotion
With respect to Rule 506 offerings, the JOBS Act “directs the commission to permit such general solicitation, provided that all purchasers of the securities are accredited investors," SEC Chairwoman Mary Schapiro said.
SEC Pushes JOBS Act Rule Action to Next Week
The SEC announced before its open meeting on Wednesday that it would hold off on further action toward a rule on private-offering promotion until its Aug. 29 meeting.
SEC Backs Off Issuing Private Offering Rule
After repeated complaints, SEC Chairwoman Mary Schapiro instead will put the rule out Wednesday for public comment.
SEC, NASAA Tell Small Businesses: Wait to Join the ‘Crowd’
The SEC and state regulators are warning small businesses and entrepreneurs to hold off on crowdfunding.
Crowdfunding: What Could Go Wrong?
Is the JOBS Act’s embrace of crowdfunding a good idea? Is it what Congress meant to protect investors?
SEC, NASAA to Small Businesses: Hold Off on Crowdfunding
State regulators warned small businesses that they should wait until the SEC has finalized its crowdfunding rules before offering shares in their ventures for public sale.
Kickstarter for Wall Street? Broker-Dealers Get Into the Crowdfunding Game
It’s official: the money people are rallying to the crowd-funding cause.
Senate Changes to JOBS Act Shot Down, Faces More Debate
The Senate took up debate on the House version of the JOBS act once again Wednesday after an abortive attempt on Tuesday to strengthen consumer protections by amendment failed.
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.