Wyoming investors have rights and protections under numerous laws and regulations. These include:
The Wyoming Uniform Securities Act is a state law that regulates the offer and sale of securities in Wyoming. The Act is designed to protect investors from fraud and other forms of securities abuse.
The Act defines a "security" broadly to include any investment contract, note, stock, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, investment letter, investment trust, or other investment security.
The Act prohibits fraud and misrepresentation in connection with the offer or sale of securities. This includes making false or misleading statements about a security, or omitting material information about a security.
Here are some of the specific protections that the Wyoming Securities Act provides:
Registration requirements: Most securities must be registered with the Wyoming Secretary of State before they can be offered or sold in Wyoming. This helps to ensure that investors have access to information about the securities they are considering investing in.
Anti-fraud provisions: The Act prohibits fraud and misrepresentation in connection with the offer or sale of securities. This helps to protect investors from being cheated or misled by unscrupulous promoters.
Private right to sue.
In addition to the Wyoming Securities Act, numerous federal laws which protect investors protections including:
Contract our law firm to discuss your rights and options for recovering investment losses.