Patricia Struck, administrator of the Wisconsin Division of Securities, was named to a one-year term as president of the North American Securities Administrators Association today.

In an address to NASAA’s 88th annual conference, Struck asked regulators and the securities industry to keep two practices in mind: respect and collaboration. “These are the basic principles that will guide my presidency,” she said. “When I speak of respect, I am addressing fellow regulators and industry representatives. We must share a high level of respect for investors and I urge each of us to respect one another as well. For those of you in the securities business, compliance with securities laws is a reflection of your respect for investors and the systems in place for their protection. We expect you to play by the rules.”

Struck said NASAA will be engaged on several fronts in its efforts to protect investors during the coming year. She highlighted three areas upon which NASAA expects to focus: variable annuities, investment advice, and arbitration.

Struck has served for the past year as NASAA’s president-elect. She has served three terms on NASAA’s board of directors and has served as chair of NASAA’s Investment Adviser Section. She has also served as a trustee of the Investor Protection Trust, a member of the CFP Code of Ethics Review Task Force, and a member of the Professional Ethics Committee of the State Bar of Wisconsin. Struck succeeds Franklin Widmann, chief of the New Jersey Bureau of Securities.

The NASAA board for 2005-2006 will consist of Struck, Widmann, president-elect Joseph Borg, Tanya Durkee of Vermont, Fred Joseph of Colorado, Donald Murray of Manitoba, James Nelson II of Mississippi, James Ropp of Delaware, and Karen Tyler of North Dakota. Christine Bruenn of Maine will serve as NASAA ombudsman. Borg, director of the Alabama Securities Commission, will succeed Struck as NASAA president in the fall of 2006.