Friday, March 23, 2007
North American Securities Administrators Association (NASAA) sponsored its own symposium to counter those recently held by pro-business groups such as the U.S. Chamber of Commerce. NASAA President Borg said NASAA sponsored the symposium to respond to recent suggestions that U.S. capital markets are losing their competitive edge because of burdensome regulations and regulators who are aggressively protecting investors. The symposium was moderated by University of Mississippi Law professor Mercer Bullard, and featured James D. Cox, Professor, Duke University School of Law; Tanya Solov, Illinois Director of Securities; Willis Riccio, Partner, Adler, Pollock & Sheehan; Nancy Smith, Vice President, Investment Services, AARP Financial; and former Enron employee Charles Prestwood. Borg's presentation is available at the NASAA website.