State Securities Regulators Signal Aggressive Action To Protect and Expand Jurisdiction and Influence in Balancing Investor Protection and Capital Formation

by Robert N. Rapp

NASAA signals a newlyaggressive effort to preserve and expand investor protection authority in theface of continuing pushes for preemption and marginalization of statesecurities regulation in the United States.

Excerpt:

On September 11, 2012,leadership of the North American Securities Administrators Association (NASAA),which is the association of state, provincial and territorial securitiesregulators in the United States, Canada and Mexico, signaled a newly aggressiveeffort to preserve and expand investor protection authority in the face ofcontinuing pushes for preemption and marginalization of state

Read More... [Source: Corporate & Securities Law Community Securities Law]