RALEIGH – The National Association of Secretaries of State (NASS) has reappointed NC Secretary of State Elaine Marshall as the NASS representative to the Uniform Law Commission (ULC) Advisory Committee and Co-Chair of its Securities Committee.
“It’s an honor to be reappointed to these leadership roles and to help shape the dialogue about the vital issues of securities regulation, as well as the ULC as it works to assure the legal framework across states keeps pace with technological changes,” said Secretary Marshall.
The Uniform Law Commission provides states with model legislation designed to bring clarity to crucial areas of statutory law. Much of the existing commercial law in North Carolina began as proposals by ULC. Subject matter practitioners provide input to the uniform law commissioners as they consider changes to existing law or creating new laws.
The Securities Committee reviews the actions of the North American Securities Administrators Association (NASAA) and other stakeholder organizations, Congress, and relevant federal agencies with an interest in securities regulation.
Secretary Marshall will serve as Co-Chair of the Securities Committee with Nevada Secretary of State Barbara Cegavske.
The NC Secretary of State is the lead agency in administering the state’s Securities laws by registering and regulating securities offerings and investigating and prosecuting significant white-collar crimes.
Founded in 1904, NASS is the oldest nonpartisan professional organization of public officials in the United States.