Founded in 1919, the North American Securities Administrators Association (NASAA) is the oldest international regulatory organization dedicated to protecting investors.
NASAA is a voluntary association of securities administrators from 67 states, provinces and territories from 50 states, the District of Columbia, Puerto Rico, the US Virgin Islands, Canada and Mexico.
It works to protect investment advisory and securities clients under a complementary regulatory framework that operates at the federal, state/provincial and industry levels.
NASAA is committed to helping investors identify and avoid fraud by educating the public, investigating violations of state and provincial laws, and filing lawsuits.
The 2,000 investor limit or rule is a key threshold for private businesses that are unwilling to disclose financial information for public consumption.
The 500 shareholder threshold was a rule set by the SEC that required companies to publicly disclose financial statements and other information if they reached 500 or more individual shareholders.
The Basel Accords are part of a series of three international banking regulatory meetings that established capital requirements and risk measurements for global banks.
A compliance officer is a person who makes sure that the company complies with external regulatory and legal requirements, as well as internal policies and charters.
Securities and Exchange Commission Form 13F must be filed quarterly by institutional investment managers with at least $100 million in assets under management.
Form 144 must be filed with the SEC if there is an order to sell company stock during any three-month period where the sale volume exceeds 5,000 shares or units or the aggregate sale price exceeds $50,000.
The Glass-Steagall Act was passed in 1933 and separated investment and commercial banking in response to the participation of commercial banks in investments in the stock market.
The International Organization for Standardization (ISO) is an international non-governmental organization made up of national standards bodies that develops and publishes a wide range of private, industrial and commercial standards.