Joseph Borg has been Director of the Alabama Securities Commission (ASC) since 1994. Mr. Borg is twice past president of the North American Securities Administrators Association (NASAA), served as a member of its Board of Directors for thirteen years, and currently serves as Chair of NASAA’s International Committee.
Borg has testified before various committees of the U.S. Senate and U.S. House of Representatives including testimony on such areas as Microcap fraud; Criminal elements in the financial markets; Information sharing among financial regulatory agencies; Risks posed to everyday investors from IPOs in private equity and hedge funds; and Illegal investment sales’ practices victimizing senior citizens.
Borg served as a U.S. delegate to an Intergovernmental Expert Group for the United Nations Commission on International Trade and Law (UNCITRAL).
Borg previously served as in-house corporate counsel to First Alabama Bank (n/k/a Regions Bank, 1979-1984) and has been an adjunct professor of law at Faulkner University Jones School of Law teaching securities law and banking (1982-2002), and has been a Partner in the Montgomery law firm of Capouano, Wampold, Prestwood & Sansone (1984-1994).He is admitted to practice in Alabama, Florida, New York, U.S. Federal District Courts in Alabama and Florida, the 5th and 11th Circuit Courts of Appeal and the U.S. Supreme Court.