Securities Law Blog

The North American Securities Administrators Association said recently that it has 11 legislative priorities for 2008, and the most important one is that it preserves the authority of state securities regulators. In a statement, NASAA said that its agenda supports the group’s efforts to “advance investor protection and promote an efficient and effective regulatory environment necessary to maintain investor confidence in the capital markets”. Besides protecting regulators from conflicts (and some would say encroachment) from federal regulation, NASAA said its priorities also include s trengt hening the arbitration process for investors and enhancing corporate accountability standards

For more information on this subject contact securities attorneys, Michaels, Ward & Rabinovitz, LLP.