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21975 News Results

The North American Securities Administrators Association reported that "most of the Reg BI firms examined in this initiative have remained fairly stagnant and continue to operate precisely the same under Reg BI as they had under the suitability rule."

In remarks before the Securities Enforcement Forum, SEC Chair Gary Gensler echoed first SEC Chair Joseph Kennedy's assertion that the SEC "will make war without quarter on any who sell securities by fraud or misrepresentation."