Colorado investors who have suffered investment losses due to their securities broker-dealer or financial advisor may have options for recovery under state and federal laws.
The Colorado Securities Act ,which is a law that regulates the sale of securities in Colorado, is designed to protect investors from fraud and to ensure that they have access to accurate information about securities before they invest.
The Act also prohibits fraudulent and deceptive practices in connection with the offer and/or sale of securities. These prohibited practices include making false or misleading statements about a security, omitting material information about a security, and engaging in manipulative or deceptive trading practices.
Here are some of the key provisions of the Colorado Securities Act:
Securities must be registered with the Colorado Division of Securities before they can be offered or sold in Colorado.
Fraudulent and deceptive practices in connection with the sale of securities are prohibited.
Right to sue for violations.
In addition to the Colorado Securities Act, the following federal laws also protect investors: