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NASAA advocates role of states in fighting fraud, especially in crypto

Image of a map of the United States.
Photo: Interim Archives/Getty Images

NASAA said that failing to include US states as fraud fighters would be a decision with net-negative consequences for Americans.

Political leaders in the US have been urged to “preserve the critical role that state securities regulators play in our capital markets as fighters of fraud, market manipulation, and similar abuses.”

The plea comes from the North American Securities Administrators Association (NASAA) – through its president, Leslie Van Buskirk –letter