Mississippi investors have rights and protections under numerous laws and regulations including:
The Mississippi Securities Act of 2010 ("The Act"), which is the state law that protects investors and prohibits all misrepresentations and omissions in the offer or sale of securities. The Act is administered by the Mississippi Secretary of State, through the Securities Division. The Act permits investors to sue when violations have occurred.
The Act requires that all securities offered for sale in Mississippi be registered with the Securities Division, unless the securities or transactions are exempt. Exempt securities include:
Securities issued by the United States or the state of Mississippi
Securities issued by certain banks and other financial institutions
Securities issued by certain non-profit organizations
Securities offered in certain private transactions
In addition to Mississippi Securities Laws, the following federal laws apply to investors:
If you have any questions about securities laws, please contact our law firm to discuss.