Registration as a financial professional should not be limited by the type of investment advice or nature of the advising entity.
Individuals should have adequate redress, including access to the courts and class actions.
State laws should provide for criminal penalties against those who commit securities fraud.
Regulators should work to eliminate fraudulent, deceptive, or unfair practices with respect to investment sales, accounting methods, disclosures, and market stru
Brokers and other financial professionals who commit fraud currently face civil sanctions.
Victims of investment fraud should have adequate federal and state statutory remedies, including access courts for individual or class claims.
State regulators should create a regulatory structure to promote consumer protection.
States should establish strong conflict-of-interest regulations and revolving door limits.
States should strengthen regulatory oversight of the safety and soundness of insurance companies.
States should authorize their insurance commissioners to regulate all insurance companies conducting business in the state.