Tagged: north american securities administrators association

April 21, 2023 @ 11:36 am By JD Alois  |  

The North American Securities Administrators Association (NASAA) has posted its annual list of top threats for retail investors. In the past, innovations like securities crowdfunding joined the group. The 2023 list leads with digital assets at the top of the list as regulators point to… Read More

February 7, 2023 @ 3:40 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA), along with the SEC Office of Investor Education and Advocacy, and the Financial Industry Regulatory Authority (FINRA), have published an Investor Alert cautioning individuals on Self Directed Individual Retirement Account (IRAs) that enable investors to select assets that may be… Read More

August 26, 2022 @ 10:53 am By JD Alois  |  

Earlier this month, the North American Securities Administrators Association (NASAA) issued an advisory cautioning the public on the rise of “Finfluencers.” NASAA is the association that represents state and provincial financial regulators. It also lobbies on behalf of state authority over securities and providers. Finfluencers… Read More

March 23, 2022 @ 6:28 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) is scrutinizing peer-to-peer lending. NASAA is the association and lobbying group that represents state and provincial regulators in North America. NASAA has issued a proposal on P2P lending and is seeking public comment on the Statement of Policy… Read More

February 14, 2022 @ 4:05 pm By JD Alois  |  

BlockFi, a top crypto platform that provides crypto lending services, has settled with the Securities and Exchange Commission following an investigation into the company’s activities. The settlement was leaked last week and BlockFi will be paying a total $100 million penalties. There were no allegations… Read More

January 10, 2022 @ 3:25 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has published its annual list of investor lists. NASAA is the lobbying-representative group that represents state securities regulators across the US as well as provincial regulators in Canada and Mexican regulators as well. Topping the list for 2022… Read More

December 7, 2021 @ 5:04 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has scheduled a Fintech and Cybersecurity Symposium to take place on December 14, 2021. NASAA represents state, Canadian provincial, and Mexican securities regulators and thus play a key role in fraud enforcement and regulation. NASAA has 67 members,… Read More

January 23, 2021 @ 4:39 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) is distributing a letter sent to the Biden Administration asking the new President to “pause on the further expansion and deregulation of the private offering marketplace.” This includes exemptions created by the JOBS Act – a bill signed… Read More

November 13, 2020 @ 6:26 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) distributed a comment letter today outlining its opposition to the proposal by the Securities and Exchange Commission’s move to clarify the role of Finders. A Finder is an individual that finds investors for smaller firms. A lack of… Read More

August 19, 2020 @ 2:29 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) reports that its COVID-19 Enforcement Task Force, has taken actions against 220 scams allegedly seeking to profit from the pandemic. These actions include including administrative actions, cease-and-desist orders, referrals to other regulators, and to social media and hosting… Read More

April 28, 2020 @ 3:27 pm By JD Alois  |  

  The North American Securities Administrators Association (NASAA) has created a new task force to address nefarious attempts of fraud leveraging the Coronavirus pandemic. The NASAA COVID-19 Enforcement Task Force is modeled after the “successful” Operation Cryptosweep that targeted digital asset scams and frauds. Christopher… Read More

April 4, 2020 @ 4:48 pm By JD Alois  |  

Last week, the North American Securities Administrators Association (NASAA) cautioned an SEC Committee about the potential for fraud during the COVID-19 outbreak. NASAA is the lobbying group that represents state and provincial securities regulators. Christopher W. Gerold, NASAA President and Chief of the New Jersey Bureau… Read More

January 8, 2020 @ 10:04 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has announced the launch of a new podcast series covering the escapades of securities regulators around North America. Entitled, Real Life Regulators, the podcast’s goal is to review and discuss fraud cases regarding the financial services industry. Christopher… Read More

December 26, 2019 @ 6:04 am By Cali Haan  |  

The North American Securities Administrators Association (NASAA) has identified cryptocurrencies as one of “the top five products or schemes likely to trap investors in the coming year.” NASAA, “represents state and provincial securities regulators in the United States, Canada, and Mexico,” and has, “a multifaceted… Read More

December 19, 2019 @ 7:34 pm By JD Alois  |  

The President of the North American Securities Administrators Association (NASAA), Christopher W. Gerold, has issued a statement regarding the Securities and Exchange Commission’s (SEC) proposal to modernize and improve the definition of an accredited investor. NASAA is the advocacy and lobbying group that represents state… Read More

October 29, 2019 @ 4:44 pm By JD Alois  |  

Christopher Gerold, President of the North American Securities Administrators Association (NASAA), recently spoke at NASAA’s 2019 Fintech & Cybersecurity Symposium. Gerold is also the Chief of the New Jersey Bureau of Securities. Gerold had this to say about Fintech: “Advances in financial technology [Fintech] and… Read More

August 7, 2019 @ 3:55 pm By JD Alois  |  

130 Crypto Investigations Have Been Launched in the US and Canada The North American Securities Administrators Association (NASAA), the lobbying association representing state and provincial securities regulators, says there has been an increase in crypto-related fraud as “investors and con artists alike have returned to… Read More

July 23, 2019 @ 3:52 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has issued an investor advisory on “Initial Loan Procurements.” Initial Loan Procurements are described as “Crowdfunding Meets Blockchain.” To quote NASAA: “Companies using blockchain technology need to raise capital just like any other company. One way these companies… Read More

April 9, 2019 @ 7:49 pm By JD Alois  |  

Are you an informed investor? That’s what the North American Association of Securities Administrators (NASAA) wants to know when it comes to Robo-Advisors. The lobbying group has just posted an investor advisory cautioning individuals about the Fintech sector of Robo-Advisors. NASAA represents state and provincial… Read More

March 12, 2019 @ 9:00 pm By JD Alois  |  

Last week, the North American Securities Administrators Association (NASAA) issued their legislative agenda for the 116th Congress. Buried within their priorities were the Association’s concerns pertaining to emerging Fintech services. Fintech has the capacity to provide better services for both consumers and businesses – typically… Read More