THE LATEST

WASHINGTON – The American Securities Association (ASA) today sent a letter to the House Financial Services Committee’s leadership ahead of a hearing on tokenization and the future of securities. In its letter, ASA called on Congress and the Securities and Exchange Commission (SEC) to create a level regulatory playing field for all market participants that embraces digital assets while maintaining necessary investor protections. “ASA applauds Chairman Hill and the Financial

TAMPA – The American Securities Association (ASA) and Citadel Securities LLC filed a petition for review in the 11th Circuit Court of Appeals last evening, challenging the Securities and Exchange Commission's (SECs) and self-regulatory organizations' (SROs) Consolidated Audit Trail (CAT) funding order. "Chairman Atkins inherited a wounded CAT from the Gensler SEC, and now the SROs who run it hope it has nine lives. The SROs want to revive the CAT by assigning an Orwellian c

WASHINGTON – The American Securities Association (ASA) today released the following statement from President and CEO Chris Iacovella ahead of the Securities and Exchange Commission's (SEC)  SEC Speaks in 2026 conference : "Under Chairman Atkins' leadership, the SEC has taken significant steps to return to its core mission and benefit America's small businesses, working families, and retirees. Heading into SEC Speaks, the Commission has a lot on its plate for 2026, and ASA lo

WASHINGTON – The American Securities Association (ASA) today applauded a proposed amendment to Exchange Act Rule 15c2-11, clarifying the Rule only applies to equity securities. "ASA applauds Chairman Atkins for clarifying that Rule 15c2-11 should only apply to equity securities, not fixed income,"  said ASA President and CEO Chris Iacovella.  "This action provides regulatory certainty to market participants while avoiding unnecessary liquidity disruptions in the fixed income

WASHINGTON – The American Securities Association (ASA) today released a letter sent to the Securities and Exchange Commission (SEC) in support of its proposal to modernize small-entity definitions for investment companies, business development companies, and investment advisers for purposes of the Regulatory Flexibility Act. “ASA appreciates the Commission’s initiative to update the 'small business' and 'small organization' definitions for investment companies, BDCs, and in

WASHINGTON – The American Securities Association (ASA) today released a comment letter sent to the Financial Industry Regulatory Authority (FINRA) on Regulatory Notice 26-02, offering targeted recommendations to help protect senior investors from financial exploitation and fraud. “Protecting America’s seniors from fraud demands a regulatory framework that empower s firms to intervene when they see red flags without forcing investors who have done everything right to endur

WASHINGTON – The American Securities Association (ASA) today released comments submitted to the Securities and Exchange Commission (SEC) ahead of its 45th Annual Small Business Forum. ASA’s submission outlines recommendations for how the SEC and Congress can right-size regulation to help businesses raise capital and increase opportunities for investors. “ASA commends Chairman Atkins for re-focusing the SEC on its statutory mandate to facilitate capital formation," said ASA

WASHINGTON – The American Securities Association (ASA) today applauded a Middle District of Florida court ruling in favor of ASA's lawsuit challenging the U.S. Securities and Exchange Commission's (SEC) refusal to produce documents under the Freedom of Information Act (FOIA) related to how the agency calculated off-channel communication administrative fines for regulated entities. “We are pleased that a federal court in Florida agreed with the ASA about the SEC playing fast

WASHINGTON – The American Securities Association (ASA)  today sent a letter  to the House Financial Services Committee outlining recommendations to strengthen financial fraud protections and crack down on foreign exploitation of American investors. ASA's letter comes as the Committee today holds a hearing to examine how financial institutions, regulators, and law enforcement can better combat fraud and protect America’s investors and savers. "ASA applauds Chairman Barr for

WASHINGTON – The American Securities Association (ASA) today joined a coalition of financial and business trade groups in spearheading a letter urging Congress to pass the bipartisan GROWTH Act, which would allow investors to defer and equalize the tax treatment of automatically reinvested capital gains distributions made by mutual funds and ETFs. "ASA is proud to join leading financial and business coalition partners in support of the bipartisan GROWTH Act because it equal