(a) The Administrator shall administer this chapter. (b) It is unlawful for the Administrator or officer, employee or designee of the Administrator to use for personal benefit or the benefit of others records or other information obtained by or filed with the Administrator that are not public under section 667(b). This chapter does not authorize […]
(a) The Administrator may: (1) conduct public or private investigations within or outside of this State that the Administrator considers necessary or appropriate to determine whether any person has violated, is violating, or is about to violate this chapter or a rule adopted or order issued under this chapter, or to aid in the enforcement […]
(a) If it appears to the Administrator that a person has engaged, is engaging, or is about to engage in an act, practice, or course of business constituting a violation of this chapter or a rule adopted or order issued under this chapter, or that a person has, is, or is about to engage in […]
(a) If the Administrator determines that a person has engaged, is engaging, or is about to engage, in an act, practice, or course of business constituting a violation of this chapter or a rule adopted or order issued under this chapter, or that a person has, is, or is about to materially aid an act, […]
(a) The Administrator may: (1) issue forms and orders, and after notice and comment, may adopt and amend rules pursuant to Title 3, Chapter 35, Virgin Islands Code, necessary or appropriate to carry out this chapter, and may repeal rules, including rules and forms governing registration statements, applications, notice filings, reports, and other records; (2) […]
(a) The Administrator shall maintain, or designate a person to maintain, a register of applications for registration of securities; registration statements; notice filings, applications for registration of broker-dealers, agents, investment advisers, and investment adviser representatives; notice filings by federal covered investment advisers that are or have been effective under this chapter; notices of claims of […]
(a) Except as otherwise provided in subsection (b), records obtained by the Administrator or filed under this chapter, including a record contained in or filed with any registration statement, application, notice filing, or report, are public records and are available for public examination. (b) The following records are not public records and are not available […]
(a) The Administrator shall, in its discretion, cooperate, coordinate, consult, and, subject to section 667, share records and information with the securities regulators of another State, Canada, a Canadian provinces or territory, a foreign jurisdiction; the Securities and Exchange Commission, the United States Department of Justice, the Commodity Futures Trading Commission, the Federal Trade Commission, […]
Final orders issued by the Administrator and rules adopted under this chapter are subject to judicial review by the Superior Court of the Virgin Islands.
(a) Sections 621, 622, 631(a), 632(a), 633(a), 634(a), 651, 656, 659 and 660 do not apply to a person that sells or offers to sell a security unless the offer to sell or the sale is made in this State, or the offer to purchase or the purchase is made and accepted in this State. […]
(a) A consent to service of process required by this chapter must be signed and filed in the form required by rule or order under this chapter. A consent appointing the Administrator the person’s agent for service of process in a noncriminal action or proceeding against the person, or the person’s successor, or personal representative […]
If any provision of this chapter or its application to any person or circumstances is held invalid, the invalidity does not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and to this end the provisions of this chapter are severable.
