Section 409.5-502 – Prohibited conduct in providing investment advice.
Effective – 01 Sep 2003 409.5-502. Prohibited conduct in providing investment advice. — (a) It is unlawful for a person that advises others for compensation, either directly or indirectly or through publications or writings, as to the value of securities or the advisability of investing in, purchasing, or selling securities or that, for compensation and […]
Section 409.5-503 – Evidentiary burden.
Effective – 01 Sep 2003 409.5-503. Evidentiary burden. — (a) In a civil action or administrative proceeding under this act, a person claiming an exemption, exception, preemption, or exclusion has the burden to prove the applicability of the claim. (b) In a criminal proceeding under this act, a person claiming an exception or exclusion from […]
Section 409.3-307 – Waiver and modification.
Effective – 01 Sep 2003 409.3-307. Waiver and modification. — The commissioner may waive or modify, in whole or in part, any or all of the requirements of sections 409.3-302, 409.3-303, and 409.3-304(b) or the requirement of any information or record in a registration statement or in a periodic report filed pursuant to section 409.3-305(i). […]
Section 409.4-401 – Broker-dealer registration requirement and exemptions.
Effective – 01 Sep 2003 409.4-401. Broker-dealer registration requirement and exemptions. — (a) It is unlawful for a person to transact business in this state as a broker-dealer unless the person is registered under this act as a broker-dealer or is exempt from registration as a broker-dealer under subsection (b) or (d). (b) The following […]
Section 409.4-402 – Agent registration requirement and exemptions.
Effective – 01 Sep 2003 409.4-402. Agent registration requirement and exemptions. — (a) It is unlawful for an individual to transact business in this state as an agent unless the individual is registered under this act as an agent or is exempt from registration as an agent under subsection (b). (b) The following individuals are […]
Section 409.4-403 – Investment adviser registration requirement and exemptions.
Effective – 01 Sep 2003 409.4-403. Investment adviser registration requirement and exemptions. — (a) It is unlawful for a person to transact business in this state as an investment adviser unless the person is registered under this act as an investment adviser or is exempt from registration as an investment adviser under subsection (b). (b) […]
Section 409.4-404 – Investment adviser representative registration requirement and exemptions.
Effective – 01 Sep 2003 409.4-404. Investment adviser representative registration requirement and exemptions. — (a) It is unlawful for an individual to transact business in this state as an investment adviser representative unless the individual is registered under this act as an investment adviser representative or is exempt from registration as an investment adviser under […]
Section 409.4-405 – Federal covered investment adviser notice filing requirement.
Effective – 01 Sep 2003 409.4-405. Federal covered investment adviser notice filing requirement. — (a) Except with respect to a federal covered investment adviser described in subsection (b), it is unlawful for a federal covered investment adviser to transact business in this state as a federal covered investment adviser unless the federal covered investment adviser […]
Section 409.4-406 – Registration by broker-dealer, agent, investment adviser, and investment adviser representative.
Effective – 01 Sep 2003 409.4-406. Registration by broker-dealer, agent, investment adviser, and investment adviser representative. — (a) A person shall register as a broker-dealer, agent, investment adviser, or investment adviser representative by filing an application and a consent to service of process complying with section 409.6-611, and paying the fee specified in section 409.4-410 […]
Section 409.3-304 – Securities registration by qualification.
Effective – 01 Sep 2003 409.3-304. Securities registration by qualification. — (a) A security may be registered by qualification under this section. (b) A registration statement under this section must contain the information or records specified in section 409.3-305, a consent to service of process complying with section 409.6-611, and, if required by rule adopted […]