About Us

Joseph P. Borg

director_borg_bioJoseph Borg has been Director of the Alabama Securities Commission since 1994. Mr. Borg is twice past president of the North American Securities Administrators Association (NASAA), serves as a member of its Board of Directors, served as Chair of NASAA’s International Committee and as Chair of Enforcement. He currently is a member of the Board of Directors of the National White Collar Crime Center (NWCCC) and previously served as a member of the Board of Directors of the Investor Protection Trust (IPT).

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; Illegal investment sales practices victimizing senior citizens; and GSEs and SIPC Modernization.

Borg served as a U.S. delegate to an Intergovernmental Expert Group for the United Nations Commission on International Trade and Law (UNCITRAL) from 2004-2008 and 2012-2014. He has served as a member of the SIPC (Securities Investor Protection Corporation) modernization task force and currently serves on the FINRA (Financial Institutions Regulatory Authority) Task Force on Arbitration.

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.