December 15, 2025
FOR IMMEDIATE RELEASE
Missouri Securities Commissioner selected for national leadership role on Securities Law Modernization Committee
JEFFERSON CITY, Mo. - Missouri Securities Commissioner Michael O’Donnell has been appointed co-chair of a national committee tasked with reviewing and modernizing the Uniform Securities Act, the model law that guides state securities regulation across the country.
The appointment was made by the North American Securities Administrators Association (NASAA), the organization representing state and territorial securities regulators in the United States, Canada, and Mexico. O’Donnell will serve as co-chair of NASAA’s newly established Uniform Securities Act Committee alongside Leslie Van Buskirk of Wisconsin, NASAA’s most recent past president.
The Uniform Securities Act serves as the foundation for securities regulation in most states, including Missouri. NASAA’s review comes at a time of rapid change in financial markets, as emerging technologies, new investment products, and evolving market structures present both opportunities and risks for investors.
“Missouri was among the first states to adopt the 2002 revision of the Uniform Securities Act, which gives us a practical perspective on what works well and where updates are needed,” O’Donnell said. “It’s an honor to represent Missouri in this national leadership role and to collaborate with regulators across the country on thoughtful, measured updates that strengthen investor protection and reflect today’s markets.”
Missouri Secretary of State Denny Hoskins said O’Donnell’s appointment underscores Missouri’s longstanding role in securities regulation and its commitment to protecting investors.
“Serving as co-chair of a national committee reviewing the Uniform Securities Act is an important responsibility,” Hoskins said. “Commissioner O’Donnell brings valuable experience from the private sector, the legislature, and state government. His selection reflects Missouri’s reputation for professionalism, sound regulatory judgment, and a commitment to fair and transparent markets.”
The NASAA Uniform Securities Act Committee will conduct a comprehensive review of the model law, engaging securities regulators from across the United States as part of a broader national modernization effort.
“I appreciate the confidence NASAA leadership has placed in me,” O’Donnell said. “I look forward to working with Leslie Van Buskirk and fellow regulators as we begin this important work.”
About NASAA
The North American Securities Administrators Association is the oldest international organization dedicated to investor protection. Its membership consists of state, provincial, and territorial securities regulators in the United States, Canada, and Mexico.
About the Missouri Securities Division
The Missouri Securities Division, part of the Office of the Missouri Secretary of State, is responsible for administering and enforcing Missouri’s securities laws. The division works to protect investors from fraud, regulate securities professionals and firms, and promote capital formation through fair and transparent markets.
About the Missouri Secretary of State’s Office
The Office of the Missouri Secretary of State serves the people of Missouri by administering elections, preserving historical records, regulating businesses and securities, overseeing notaries and commissions, and providing access to government through transparency and public records. The office is committed to integrity, accountability, and public service.