Montana investors have rights and protections under numerous laws and regulations including:
The Montana Securities Act of 1981 which is the state law that protects investors and regulates the sale of securities in Montana. The law is administered by the Montana Commissioner of Securities and Insurance.
The law also requires that all broker-dealers, agents, and investment advisers who offer or sell securities in Montana be registered.
The law is designed to protect investors from fraud and to ensure that investors have access to accurate information about the securities they are considering purchasing.
Some of the key provisions include:
Anti-fraud provisions: The MSA prohibits fraud and other unfair practices in the sale of securities.
Private right to sue for violations.
Federal laws and regulations also provide legal rights to harmed investors.