In Nebraska, investors have rights and protections under numerous laws and regulations including:
The Securities Act of Nebraska (Nebraska Securities Act) is the state law that protects investors and regulates the sale of securities in Nebraska. It is administered by the Nebraska Department of Banking and Finance, through the Bureau of Securities.
The Nebraska Securities Act is designed to protect investors from fraud and to ensure that investors have access to accurate information about the securities they are considering purchasing.
The Nebraska Securities Act requires that all securities offered for sale in Nebraska be registered with the Bureau of Securities, unless the securities or transactions are exempt. Exempt securities include:
Securities issued by the United States or the state of Nebraska
Securities issued by certain banks and other financial institutions
Securities issued by certain non-profit organizations
Securities offered in certain private transactions
The Nebraska Securities Act also requires that all broker-dealers, agents, and investment advisers who offer or sell securities in Nebraska be registered with the Bureau of Securities.
Here are some of the key provisions of the Nebraska Securities Act:
Registration of securities: All securities offered for sale in Nebraska must be registered with the Bureau of Securities, unless the securities or transactions are exempt.
Registration of broker-dealers, agents, and investment advisers: All broker-dealers, agents, and investment advisers who offer or sell securities in Nebraska must be registered with the Bureau of Securities.
Anti-fraud provisions: The Nebraska Securities Act prohibits fraud and other unfair practices in the sale of securities.
Enforcement: The Bureau of Securities is responsible for enforcing the Nebraska Securities Act. The Bureau can investigate alleged violations of the law and take enforcement actions, such as issuing cease-and-desist orders and imposing fines.
In addition to Securities Act of Nebraska , the following federal laws provide protections to investors:
To discuss your rights under Nebraska or federal securities law, schedule a consultation with our law firm.