SJR14 Summary

• Commends Joseph P. Borg for 29 years of outstanding service to Alabama as Director of the Alabama Securities Commission since 1994, the only person to serve in that position for nearly three decades.

• Recognizes Borg's legal background including a Bachelor's Degree from City College of New York and Law Degree from Hofstra University School of Law, plus 20 years as Adjunct Faculty teaching UCC, Banking, and Securities Law.

• Highlights his national leadership as the only person elected to serve three terms as President of the North American Securities Administrators Association (NASAA) and his service on multiple boards including the National White Collar Crime Center and Investor Protection Trust.

• Acknowledges his testimony before U.S. Congress between 1997 and 2018 on matters including micro-cap securities fraud, white collar crime, federal preemption of state securities laws, and securities law enforcement modernization.

• Passed by the Alabama Legislature on March 22, 2023 (Senate) and April 12, 2023 (House) to honor Borg's selfless service to his country, state, and fellow citizens.