North American Securities Administrators Association

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  Gridlock Easing in Congress, but Not in House Financial Services: Rep. Himes

  By Melanie Waddell, AdvisorOne  |  April 16, 2013

  While the icy stalemate in Congress is “beginning to thaw,” expect further gridlock on the House Financial Services Committee, Rep. Jim Himes, D-Conn., told state regulators Tuesday.

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  Fiduciary in Name Only? Applying the Fiduciary Standard to Your Business

  By Mark Tibergien  |  April 1, 2013

  When RIAs commit unethical acts against clients, they are FINOs—Fiduciaries In Name Only. Here's how to apply the fiduciary standard not only to how you serve clients, but how you run your business.

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  White Pledges to Weigh Cost of Fiduciary Rule as Ketchum Revives SRO Fight

  By Melanie Waddell, AdvisorOne  |  April 1, 2013

  Just as incoming Securities and Exchange Commission (SEC) Chairwoman Mary Jo White has pledged to lawmakers that she would carefully weigh the costs of a fiduciary rulemaking, Richard Ketchum, CEO of the Financial Industry Regulatory Authority (FINRA), is renewing his call for a self-regulatory organization to oversee advisors.

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  NASAA’s Advocacy Agenda: Advisor Regulation, Fiduciary Duty, Arbitration

  By Heath Abshure, NASAA President  |  March 19, 2013

  Our agenda calls for Congress to ensure all investors are protected when receiving individualized investment advice. This revolves around two key issues.

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  NASAA to Push SEC User Fees, ‘Stay On Guard’ Against FINRA SRO

  By Melanie Waddell, AdvisorOne  |  March 5, 2013

  Chief among state securities regulators’ legislative agenda this year will be pushing SEC user fees, not a FINRA SRO, to better regulate advisors, NASAA President Heath Abshure said Tuesday.

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  Calls for Crowdfunding Rules Grow Louder

  By Melanie Waddell, AdvisorOne  |  February 19, 2013

  Crowdfunding advocates, small businesses and venture capitalists held an all-day vigil in Washington Tuesday to push for action on crowdfunding rules.

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  FINRA Seeks Second Round of Comments on Markups, Commissions Plan

  By Melanie Waddell, AdvisorOne  |  February 5, 2013

  After being deluged with comments against its plan to end a 5% threshold on commissions and markups, FINRA is giving broker-dealers yet another chance to weigh in.

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  FINRA Issues Crowdfunding Portal Form

  By Melanie Waddell, AdvisorOne  |  January 10, 2013

  FINRA issued on Thursday a voluntary Interim Form for Funding Portals designed for prospective crowdfunding portals under the JOBS Act.

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  NASAA Fires Off Warning as Crowdfunding Accelerates

  By Melanie Waddell, AdvisorOne  |  December 7, 2012

  With the number of crowdfunding Internet domains jumping from 900 to 8,800 since the beginning of the year, NASAA sees big potential for abuse.

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  CFA’s Roper Calls Claim She Bullied Schapiro ‘Absurd’

  By Melanie Waddell, AdvisorOne  |  December 6, 2012

  A Wall Street Journal editorial says because SEC's Schapiro was ‘quaking in fear’ of Roper, she killed a Commission rule to lift ban on hedge fund, other private placement advertising.