The North American Securities Administrators Association shared several current and emerging investment threats identified by state regulators and the NASAA Enforcement Section.

The SEC issued an Investor Bulletin providing guidance on the rulemaking and comment submission process.

The SEC Division of Investment Management granted no-action relief to a closed-end management investment company that will allow it to file post-effective amendments to its registration statement.

The SEC appointed William A. Duhnke III as Chair of the Public Company Accounting Oversight Board. In addition, the SEC appointed four new members to the Board.