North American Securities Administrators Association (NASAA)
Contents
Unraveling the North American Securities Administrators Association (NASAA)
Delving Into the Role of NASAA
Discover the North American Securities Administrators Association (NASAA), an organization dedicated to safeguarding investors from fraudulent activities. Established in 1919, NASAA comprises over 60 securities regulators spanning North America, striving to protect customers of investment advice and securities through a collaborative regulatory approach.
Understanding NASAA's Mission
NASAA's primary objective is to empower investors to identify and steer clear of fraudulent schemes by providing education, investigating violations of state and provincial laws, and initiating enforcement actions. Its membership includes regulators responsible for licensing securities firms and investment professionals, registering securities offerings, and enforcing state securities laws.
NASAA's Regulatory Functions
Explore the multifaceted responsibilities of NASAA members, including licensing stockbrokers and investment adviser firms, registering securities offerings, investigating investor complaints, and enforcing state securities laws through fines, penalties, and restitution. Learn about NASAA's role in educating investors and advocating for robust securities regulations.
Special Considerations and Regulatory Examinations
Gain insights into NASAA's pivotal role in administering regulatory examinations such as the Series 63, Series 65, and Series 66, essential for licensing financial professionals. Discover how NASAA works within the government framework to ensure investor protection and uphold the integrity of the securities industry.