The North American Securities Administrators Association (NASAA), founded in

Kansas Kansas () is a state in the Midwestern United States. Its capital is Topeka, and its largest city is Wichita. Kansas is a landlocked state bordered by Nebraska to the north; Missouri to the east; Oklahoma to the south; and Colorado to th ...

in 1919, is the oldest international investor protection organization. NASAA is an association of state securities administrators who are charged with the responsibility to protect consumers who purchase

securities A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...

or investment advice. NASAA's membership consists of 67 administrators from the territories, districts, and states of the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

, from

Mexico Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatema ...

, and from the provinces of

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

. In the United States, NASAA is the voice of state securities agencies responsible for efficient capital formation and grassroots investor protection. NASAA's fundamental mission is protecting consumers who purchase securities or investment advice, and its jurisdiction extends to a wide variety of issuers and intermediaries who offer and sell securities to the public. Through the association, NASAA members participate in multi-state enforcement actions and

information sharing Information exchange or information sharing means that people or other entities pass information from one to another. This could be done electronically or through certain systems. These are terms that can either refer to bidirectional '' inform ...

. NASAA also coordinates and implements training programs and education seminars for state, district, provincial, and territorial securities agency staff. The

Uniform Securities Agent State Law Exam The Uniform Securities Agent State Law Examination, commonly referred to as the Series 63, is developed by North American Securities Administrators Association (NASAA) and is administered by the Financial Industry Regulatory Authority (FINRA). Th ...

is written by NASAA and administered by

FINRA The Financial Industry Regulatory Authority (FINRA) is a private American corporation that acts as a self-regulatory organization (SRO) that regulates member brokerage firms and exchange markets. FINRA is the successor to the National Associat ...

. Representative of the nature of its activities are its frequent warnings regarding

investment fraud Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing i ...

, its focus on the

tax advantage Tax advantage refers to the economic bonus which applies to certain accounts or investments that are, by statute, tax-reduced, tax-deferred, or tax-free. Examples of tax-advantaged accounts and investments include retirement plans, education savi ...

s of college plans, and its involvement in

naked short selling Naked short selling, or naked shorting, is the practice of short-selling a tradable asset of any kind without first borrowing the asset from someone else or ensuring that it can be borrowed. When the seller does not obtain the asset and deli ...

litigation aimed at the

Depository Trust and Clearing Corporation The Depository Trust & Clearing Corporation (DTCC) is an American post-trade financial services company providing clearing and settlement services to the financial markets. It performs the exchange of securities on behalf of buyers and seller ...

. NASAA also provides a coordinated review process for companies using

Regulation A In the United States under the Securities Act of 1933, any offer to sell securities must either be registered with the United States Securities and Exchange Commission (SEC) or meet certain qualifications to exempt it from such registration. Reg ...

of the Securities Act of 1933 to raise capital.

Presidents

2022:

Senter Lubin Senter is a surname, and may refer to: * Anthony Senter (born 1955), American mobster * Darren Senter (born 1972), Australian professional rugby league footballer * Dewitt Clinton Senter (1830-1898), American politician * George B. Senter (1827-18 ...

, Maryland 2021: Lisa Hopkins, West Virginia 2020: Christopher W. Gerold, New Jersey 2019: Michael Pieciak, Vermont 2018: Joseph Borg, Alabama 2017: Mike Rothman, Minnesota 2016: Judy Shaw, Maine 2015: Bill Beatty, Washington 2014: Andrea Seidt, Ohio 2013: A. Heath Abshure, Arkansas 2012: Jack E. Herstein, Nebraska 2011: David S. Massey, North Carolina 2010:Denise Voigt Crawford, Texas 2009: Fred Joseph, Colorado 2008: Karen Tyler, North Dakota 2007: Joseph Borg, Alabama 2006: Patricia D. Struck, Wisconsin 2005: Franklin L. Widmann, New Jersey 2004: Ralph A. Lambiase, Connecticut 2003:Christine A. Bruenn, Maine 2002: Joseph Borg, Alabama 2001:Deborah R. Bortner, Washington 2000: Bradley W. Skolnik, Indiana 1999: Peter C. Hildreth, New Hampshire 1998: Denise Voigt Crawford, Texas 1997: Mark J. Griffin, Utah 1996: Dee Riddell Harris, Arizona 1995: Philip A. Feigin, Colorado 1994: Craig A. Goettsch, Iowa 1993: Barry Guthary, Massachusetts 1992: Lewis W. Brothers, Jr., Virginia 1991: Doug Mays, Kansas & John R. Perkins, Missouri 1990: Susan E. Bryant, Oklahoma 1989: John C. Baldwin, Utah 1988: James C. Meyer, Tennessee 1987: F. Daniel Bell, III, North Carolina 1986: Royce O. Griffin, Colorado 1985: H. Wayne Howell, Georgia 1984: Michael Unger, Massachusetts 1983: Richard D. Latham, Texas 1982: David Hart Wunder, Illinois 1981: Thomas L. Krebs, Alabama For presidents prior to 1981, See Official website (below).

References

External links

*{{official website, http://www.nasaa.org
Mark J. Astarita's
introductory articl

Organizations established in 1919 United States securities law Financial regulation Finance industry associations

Presidents

See also

References

External links