Introduced
by
To adopt the uniform securities act created by the National Conference of Commissioners on Uniform State Laws (www.nccusl.org), which establishes regulations and licensure requirements for those who sell securities and those who advise buyers.
Referred to the Committee on Insurance and Financial Services
Substitute offered
To replace the previous version of the bill with one which would increase penalties for violations, and would create a securities investigation, enforcement, and education fund supported by fees and fines authorized by the proposed Act.
The substitute passed by voice vote
Amendment offered
by
To increase the time that a person would have to sue after a violation of the proposed act.
The amendment failed 54 to 47 (details)
Amendment offered
by
The amendment passed by voice vote
Passed in the House 95 to 0 (details)
To adopt the uniform securities act created by the National Conference of Commissioners on Uniform State Laws (www.nccusl.org), which establishes regulations and licensure requirements for those who sell securities and those who advise buyers. The bill would also create a state securities investigation, enforcement, and education fund supported by fees and fines authorized by the proposed Act.
Referred to the Committee on Financial Services
