The North American Securities Administrators Association (NASAA) will be holding its annual public policy conference on May 7, 2012 in Washington DC. According to NASAA, “This year’s conference is designed to bring together securities regulators, securities law professionals, financial industry representatives, consumer advocates and legislative and regulatory policymakers for an in-depth look at key financial services policy issues.”
Registration will begin at 10 a.m., followed by a luncheon with a keynote address at 11:30 a.m. The featured speaker this year is U.S. Congresswoman Maxine Waters (D-CA).
The agenda also includes two panel discussions following lunch. The first panel discussion considers the Jumpstart Our Business Startups (JOBS) Act and its future implications for investors. We have already previously discussed the JOBS Act in multiple blog posts. NASAA states that “A panel of leading securities law experts, investor advocates and regulators will analyze the broad spectrum of changes that the law will herald, issues that should be addressed in the implementation process and the future implications for retail investors.” Panelists include William Black, University of Missouri, Robert Pozen, Harvard Business School, Jeff Mahoney, Council of Institutional Investors, and Lynn Turner, LitiNomics. The moderator for the panel is Heath Abshure, the Arkansas Securities Commissioner.
The second panel will discuss social media as used by financial professionals. We have previously discussed the use of social media in More Advisers Using Social Media in 2012 and FINRA Amends Proposed Social Media Rule. The panel will consist of regulatory experts who will discuss social media policies and practices. Panelists will include Mitchell Bompey of Morgan Stanley Smith Barney, Scott Peterson of Relay Station Social Media, and Thomas Selman of FINRA. The moderator will be Marc Minor, the New York Securities Administrator.
Parker MacIntyre provides legal and compliance services to investment advisers, broker-dealers, registered representatives, hedge funds and issuers of securities, among others. Our regulatory practice group assists financial service providers with the complex issues that arise in the course of their businesses, including compliance with federal and state laws and rules.