new president of the North American Securities Administrators Association (NASAA), told attendees at NASAA's 85th annual conference in Philadelphia: "The challenge for all of us in this room today, regulators and members of the industry, is to act to restore investor confidence in our markets. Specifically we need to get the investigations of research analysts' conflicts of interest done right and as quickly as possible. It's in no one's interest to have these investigations hanging over our markets any longer than necessary."
             Recent business scandals have proven wrong those who pushed for less regulation, mainly by state securities regulators. The states have had securities laws decades longer than the federal government. The SEC is in the best position to make rules for our nationwide markets. Most consumers are willing to give the SEC input, fight for the standards that will best protect investors and unite with the SEC, when needed, to bring enforcement actions.
             While calling for strong, useful and professional r
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