02/15/2013 North American Securities Administrators Association



North American Securities Administrators Association


The North American Securities Administrators Association (NASAA), headquartered in Washington, D.C., is the oldest international organization devoted to investor protection. Founded in 1919, its membership consists of securities administrators in the 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Canada and Mexico.

For more than 100 years, state and provincial securities regulators have been protecting main street investors from fraud. These regulators serve the investing public by licensing securities firms and investment professionals such as broker-dealers and investment advisers; registering certain securities offerings; reviewing financial offerings of small companies; auditing branch office sales practices and record-keeping; promoting investor education; and enforcing state securities laws. Many state regulators also help small businesses raise money and comply with securities laws.


Investor Education
NASAA offers an extensive online library of educational materials for investors of all ages and backgrounds. Investors can go to our Fraud Center to learn how to report a scam or file a complaint and how to investigate a broker or investment adviser. The Senior Investor Resource Center offers resources specifically for elders to protect their nest egg and avoid fraud, and NASAA also has resources for youth and educators, adults and families, women, and military members.

NASAA also annually updates the Top Investor Threats, a list of common traps con artists use to trick investors.

Besides its resources on safe and wise investing, NASAA offers a wealth of information on current securities legislation and policy activity.

Grassroots Network
Our network of securities regulators can assist investors with any state-level securities issue ranging from fraud investigations to business compliance to detailed securities education. Nearly all state and provincial securities regulators have their own investor education departments, offering a unique network of dedicated professionals delivering financial education on the grassroots level.


NASAA has a strong mission for investor protection and is eager to develop new educational materials for the investing public and to build awareness of our existing initiatives. NASAA is interested in establishing relationships and joint ventures with other anti-fraud organizations.


In September 2012, NASAA launched a Native American Outreach Program to help member investor educators reach Native American populations. Native American and First Nations populations historically have been under-served by investor education programs, partly due to lack of understanding of cultural sensitivity and geographical isolation.

NASAA also developed a series of resources to help member investor educators develop awareness programs on “crowdfunding,” an online money-raising strategy for small businesses and start-ups looking for investment capital. In 2012, Congress passed the JOBS Act, which exempts crowdfunding from the securities registration laws and removes restrictions on start-up companies seeking investors over the Internet.


Jaime Brockway
Communications and Investor Education Manager
750 First Street NE, Suite 1140
Washington, D.C. 20002
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