In Compliance Reporter, Investment Management Counsel Discusses NASAA Collaboration with Federal Regulators

A May 15 article in Compliance Reporter titled “Incoming NASAA chief prepares states for expanded responsibility” outlines comments made by President-elect of the North American Securities Administrators Association, Michael Pieciak, who states that state regulators are preparing to take on an expanded role. The piece includes remarks from investment management counsel Michael Jurasic. “There are more than 50 different constituents that are represented by NASAA, so finding a uniform ground is not an easy task,” Mr. Jurasic states. “In any event, it is welcomed that [harmonization] appears to be an important focus again.”