State Regulatory Actions Increase 33% – NASAA 2020 Enforcement Report

The NASAA 2020 Enforcement Report, based on 2019 activity, summarizes enforcement activity reported by the 51 U.S. member jurisdictions. Enforcement actions against firms and individuals in 2019 totaled 2,755 actions, up 33% from 2018. Overall enforcement activities included: 6,698 Complaints Received 6,525 Investigations Initiated 2,755 Enforcement Actions (Including criminal, administrative and civil enforcement actions) 5,898… READ MORE

2020 NASAA Virtual Annual Meeting

Join Oyster Consulting Associate Director Bill Reilly at the 2020 NASAA Virtual Annual Meeting.  Topics will include: Reg BI: Two Months In – Is This Standard Delivering on Its Promise? Recent Developments in Corporation Finance Ensuring Quality Advice in Uncertain Times: Continuing Education and Evolving Fee Models Protecting Seniors During Times of Increased Social Isolation… READ MORE

More States Adopt Disbursement Hold Regulations to Protect Senior and Vulnerable Adults

As the population dynamics in the Unites States moves towards an unprecedented number of baby boomers entering their retirement years, federal and state regulators and FINRA have enacted regulations, examination priorities and enforcement efforts to protect the assets of senior and vulnerable adults. In 2020, the states of New Jersey (April 12th), West Virginia (June… READ MORE

NASAA Offers Resources for State and Provincial Pandemic Responses

Now is not a time to be shy about interacting with regulators to help understand how to respond to your issues and concerns in response to the Covid-19 outbreak. The North American Securities Administrators Association, Inc. (NASAA) is comprised of states and provincial securities regulators in the United States, Canada and Mexico. NASAA is acting… READ MORE

2019 NASAA Annual Conference Highlights Investment Advisor Exam and Enforcement Activity

2019 marked the 100th year of state regulation of the securities industry.  Although this milestone was the focus of the 2019 NASAA Annual Conference last week in Austin, Texas, NASAA also released two reports on the results of coordinated examinations of state registered investment advisors and enforcement activity. According to the 2019 Investment Advisor Coordinated… READ MORE

NASAA 2019 Annual Meeting

Oyster Associate Director Bill Reilly will be attending NASAA’s 2019 Annual Meeting in Austin, TX September 8-10th. Discussion Topics include: Standards of Care/Regulation Best Interest A True David and Goliath Story: How State Securities Regulators Helped Tackle a Wall Street Giant Enforcement and Examination Initiatives to Protect Retail Investors International Regulatory Update Bill Reilly leverages… READ MORE

2019 NASAA/State of Florida Broker Dealer Examiner Training Program

Oyster Consulting Associate Director Bill Reilly will participate as an instructor at the 2019 NASAA/State of Florida Broker Dealer Examiner Training Program from June 26-28, 2019 in Jacksonville, Florida. This program for NASAA member state and Canadian provincial staff is among the premier annual training programs sponsored by NASAA. Prior to joining Oyster in 2012,… READ MORE