Stephens Inc. of Little Rock suggests changes to state law that would, among other things, move all state securities enforcement actions into the court system. The investment firm made its suggestions in a legislative hearing about its grievance against state Securities Commissioner Heath Abshure. read more >
Arkansas Securities Commissioner Heath Abshure took heat from legislators for more than an hour last week, but threatening weather forced the Joint Performance Review Committee to recess before any other witnesses could be heard. read more >
Stephens Inc. of Little Rock has accused Arkansas Securities Commissioner Heath Abshure of illegally steering more than $170,000 to his “favorite charities” and of retaliating when Stephens refused to make such a donation while negotiating a recent settlement. read more >
In his new role as president of the North American Securities Administrators Association, Abshure said, he plans to focus on the organization’s response to the changing regulatory environment. read more >
