Maryland Securities Commissioner Melanie Senter Lubin was elected to a one-year term as president of the North American Securities Administrators Association (NASAA) by the organization’s 66 state and country regulators, including Canadian and Puerto Rican representatives. NASAA’s new 10-member board of directors was also elected.

A veteran regulator with years of policy experience in broker-dealer and advisor practices and most recently Regulation Best Interest, Lubin will assume the presidency September 21, following NASAA’s Annual Meeting in Chicago. She will succeed current President Lisa A. Hopkins, who is West Virginia’s senior deputy securities commissioner.
 
“Melanie’s years of exceptional service in support of investor protection has provided her with the experience and leadership skills to advance NASAA’s mission,” Hopkins said in a prepared statement. “We look forward to her contributions, as well as those of the new board members, in support of NASAA’s mission of investor protection and market integrity.”
 
For the past year, Lubin has served as NASAA’s president-elect. She began serving as Maryland’s securities commissioner in 1998.

“I look forward to working with my colleagues in carrying on NASAA's commitment to protecting Main Street investors,” Lubin said.

Lubin is in her fourth term as a member of NASAA's board of directors, currently serving as secretary and as the states’ securities representative on the Financial Stability Oversight Council (FSOC).

She is a member of NASAA taskforces addressing Reg BI and expungement policy. She also serves on NASAA's investment advisor continuing education, federal legislation and senior issues/diminished capacity committees, and its Electronic Filing Depository project group, and she chairs NASAA's Central Registration Depository/Investment Advisor Registration Database Steering Committee.
 
Hopkins, who will continue to serve on the board as past president, announced the following NASAA officials will join Lubin on the 2021-2022 board of directors:

• President-elect, Andrew Hartnett, deputy administrator for securities, Iowa Securities Bureau.
• William Beatty, director, Washington [State] Securities Division.
• Marni Gibson, securities administrator, Kentucky.
• Kevin Hoyt, chief executive officer, New Brunswick Financial & Consumer Services Commission, New Brunswick, Canada.
• Claire McHenry, Deputy Director, Nebraska Department of Banking & Finance Bureau of Securities, Nebraska
• Leslie Van Buskirk, administrator, Wisconsin Division of Securities.
• Diane Young-Spitzer, acting director, Massachusetts Securities Division.
• Joseph Brady, NASAA executive director, as ex officio member.