Senate Bill 2640

AN ACT TO ENACT THE MISSISSIPPI SECURITIES ACT OF 2009 TO BE CODIFIED IN TITLE 75 CHAPTER 71, MISSISSIPPI CODE OF 1972; TO PROVIDE FOR A SHORT TITLE; TO PROVIDE FOR DEFINITIONS; TO PROVIDE FOR ELECTRONIC RECORDS AND SIGNATURES; TO PROVIDE FOR EXEMPTIONS FROM REGISTRATION OF SECURITIES; TO PROVIDE FOR REGISTRATION OF SECURITIES AND NOTICE OF FILING OF FEDERAL COVERED SECURITIES; TO PROVIDE FOR DENIAL, SUSPENSION, OR REVOCATION OF SECURITIES REGISTRATION; TO PROVIDE FOR REGISTRATION OF BROKER-DEALERS, AGENTS, INVESTMENT ADVISERS, INVESTMENT ADVISER REPRESENTATIVES, AND FEDERAL COVERED INVESTMENT ADVISERS; TO PROVIDE FOR TERMINATION OR TRANSFER OF EMPLOYMENT OF INVESTMENT ADVISERS; TO PROVIDE FOR SUCCESSION, CHANGE, OR WITHDRAWAL OF REGISTRATION; TO PROVIDE FOR FILING FEES AND POSTREGISTRATION REQUIREMENTS; TO PROVIDE FOR FRAUD AND LIABILITIES; TO PROVIDE FOR PROHIBITED CONDUCT IN PROVIDING INVESTMENT ADVICE; TO PROVIDE FOR FILING OF SALES AND ADVERTISING LITERATURE; TO PROVIDE FOR QUALIFIED IMMUNITY AND CIVIL AND CRIMINAL PENALTIES; TO PROVIDE FOR RESCISSION OFFERS; TO PROVIDE FOR ADMINISTRATIVE AND JUDICIAL REVIEW; TO PROVIDE FOR INVESTIGATIONS AND SUBPOENAS; TO PROVIDE FOR UNIFORMITY AND COOPERATION WITH OTHER AGENCIES; TO PROVIDE FOR JURISDICTION AND SERVICE OF PROCESS; TO PROVIDE APPLICABILITY; TO MAKE TRANSITION PROVISIONS; TO REPEAL SECTIONS 75-71-101 THROUGH 75-71-735, MISSISSIPPI CODE OF 1972, WHICH CONSTITUTES THE MISSISSIPPI SECURITIES ACT; AND FOR RELATED PURPOSES.

In the Senate

• Jack Gordon

  Sponsor

l9n doesn't hold this bill's text yet.

In the Senate Jan 15 – Feb 3

1. Jan 15Referred to the Senate committees on Business and Financial Institutions and on Finance
2. Jan 28Reported as a committee substitute from BF to FI in the Senate: title sufficient, do pass
3. Feb 3Died in committee in the Senate