North American Securities Administrators Association

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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.

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  FINRA to Mull Broker Compensation Disclosure Rule

  By Melanie Waddell, AdvisorOne  |  November 29, 2012

  December Board meeting will consider several rule proposals and amendments, chief among them a proposal that would require broker-dealers to disclose compensation packages to customers.

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  Enforcement Actions Against Advisors Nearly Doubled: NASAA

  By Melanie Waddell, AdvisorOne  |  October 25, 2012

  Prison time resulting from state-initiated actions rose from the year before, and the number of advisors and BDs removed or barred from the industry spiked as well, according to NASAA’s annual enforcement report.

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  SEC Says 1,504 Advisors to Hedge Funds, Private Funds Now SEC-Registered

  By Melanie Waddell, AdvisorOne  |  October 19, 2012

  Including the 2,557 private fund advisors who had registered previously, a total of 4,061 advisors to one or more private funds are now registered with the SEC.

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  Rule 506’s Lifting of Ban on Private Offering Advertising Will Create ‘Chaos’: Industry Groups

  By Melanie Waddell, AdvisorOne  |  October 10, 2012

  Heath Abshure, president of NASAA, was among those urging the SEC to withdraw the JOBS Act rule, saying “investors should and will flee from the market" without adequate protection.

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  Regulatory, Legislative Challenges Call for a New Playbook

  By Heath Abshure, NASAA President  |  September 21, 2012

  It is clear to me that NASAA should have an active voice that is not only heard by lawmakers, but heeded.

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  BDs’ Top 5 Biggest Compliance Failures: NASAA

  By Melanie Waddell, AdvisorOne  |  September 13, 2012

  NASAA has released the results of its coordinated examinations of broker-dealers, identifying BDs’ top five compliance violations.

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  Lawmaker Calls SEC’s Delay on JOBS Act Promotion Rule ‘Completely Unacceptable’

  By Melanie Waddell, AdvisorOne  |  September 13, 2012

  The House hearing on Thursday addressed crowdfunding and concerns on how to verify "accredited investors" for the purpose of advertising private offerings.

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  NASAA Names Abshure as President

  By Melanie Waddell, AdvisorOne  |  September 12, 2012

  A. Heath Abshure, Arkansas securities commissioner, began Tuesday a one-year term as president of NASAA, replacing Jack Herstein.

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  SEC Proposes JOBS Act Rule Easing Private-Offering Promotion

  By Melanie Waddell, AdvisorOne  |  August 29, 2012

  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.