NASAA

Equity Crowdfunding: Will the SEC and FINRA Kill It in its Cradle?

One after another, industries are changing under the onslaught of the Internet. Newspapers reeling…  brick and mortar stores hit by online retailers… universities going online. Will traditional funding of small businesses and entrepreneurs by banks and broker-dealers be next? Maybe. ...

NASAA to Release Social Media Guidance for State Securities Regulators

The umbrella organization of securities commissions for states and provinces is about to come out with social media guidance.  But it’s not a FINRA-like proclamation about how investment advisors regulated by the North American Securities Administrators Association (NASAA) can properly use social ...

Massachusetts Securities Division Leads States Toward Social Media Oversight

William Francis Galvin, Secretary of the Commonwealth of Massachusetts, is an energetic guy. So it’s not surprising that a report he issued earlier this month on the use of social media by investment advisers is likely to have national ramifications. ...