The Arizona Securities Act is a state law that regulates the offer and sale of securities in Arizona. The Act is designed to protect investors by requiring that securities be registered with the Arizona Corporation Commission (ACC) unless they qualify for an exemption. The Act also prohibits fraud and misrepresentation in the sale of securities.
Some of the key provisions of the Arizona Securities Act include:
Registration requirement: Securities offered or sold in Arizona must be registered with the ACC unless they qualify for an exemption.
Antifraud provisions: The Act prohibits fraud and misrepresentation in the sale of securities.
Exemptions: The Act provides a number of exemptions from the registration requirement, such as for small offerings, intrastate offerings, and private offerings.
Investment adviser registration: The Act requires investment advisers to register with the ACC.
Enforcement: The ACC enforces the Arizona Securities Act through investigations and prosecutions of securities fraud.
Here are some additional resources where you can learn more about the Arizona Securities Act:
Arizona Corporation Commission: https://www.azcc.gov/securities
In addition to the Arizona Securities Act, federal securities laws provide additional protections.
Contact our firm to discuss your rights and options under Arizona and federal securities law.