IPT Activities

Founded in 1993 as part of a multi-state settlement to resolve charges of misconduct, the Investor Protection Trust serves as an independent source of non-commercial investor education. Since 1993 the IPT has worked with the States and at the national level to provide the independent, objective investor education needed by all Americans to make informed investment decisions.

In April 2003, the North American Securities Administrators Association (NASAA), the U.S. Securities and Exchange Commission, FINRA, and the New York Stock Exchange announced the settlement of enforcement actions involving conflicts of interest between the research and investment banking operations of 10 of the nation’s largest investment firms. Seven of the firms agreed to pay a total of $80 million for investor education purposes. Of that amount, $30 million was paid to State Securities Regulators and those funds comprise the Investor Education Fund overseen by the IPT. Additional State settlements continue to be deposited with IPT.

IPT operates programs under its own auspices and uses grants to underwrite important investor education and protection initiatives carried out by other organizations.

IPT Trustees

IPT functions under the direction of a Board of Trustees which is composed of State Securities Regulators or their designees. Current IPT Trustees are:

Lynne Egan

Deputy Securities Commissioner

Montana Office of the State Auditor

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Craig A. Goettsch

First Deputy Commissioner

Iowa Insurance Division

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Alex Glass

Securities Commissioner

Indiana Secretary of State, Securities Division

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Tanya Solov

Director

Illinois Securities Department

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Diane Young-Spitzer

Acting Director and General Counsel

Massachusetts Securities Division

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Noula Zaharis

Director

Georgia Secretary of State"s Securities & Charities Division

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IPT Financial Information

IPT posts its monthly financial statements as well as information on making contributions to IPT.

IPT Financial Information

Contributing to IPT