Alaska Securities Act

Alaska · Trade and Commerce · §§ 45.56.100 to 45.56.995 · 57 sections

Overview

The act regulates the offer and sale of securities within a state and the conduct of the people and firms that deal in them, including broker-dealers, salespersons, and investment advisers. It prohibits fraudulent and deceptive practices in securities transactions and advisory relationships, and requires that securities be registered — by coordination with a federal filing or by qualification — before they may be offered or sold, subject to enumerated exemptions for certain securities and transactions. Administration rests with a state official empowered to license and examine registrants, set fees and recordkeeping requirements, issue stop orders halting an offering, and deny, condition, suspend, or revoke registrations and exemptions after notice and hearing.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

Sections covered

AS 45.56.100Securities registration requirement
AS 45.56.110Exempt securities
AS 45.56.120Exempt transactions
AS 45.56.130Small intrastate securities offerings
AS 45.56.140Disqualifier
AS 45.56.150Waiver and modification
AS 45.56.160Denial, suspension, revocation, condition, or limitation of exemptions
AS 45.56.170Securities registration by coordination
AS 45.56.180Securities registration by qualification
AS 45.56.190Securities registration filings
AS 45.56.200Notice filing of federal covered securities
AS 45.56.210Viatical settlement interests
AS 45.56.220Waiver and modification
AS 45.56.230Denial, suspension, and revocation of securities registration
AS 45.56.300Broker-dealer registration requirement and exemptions
AS 45.56.310Limited registration of Canadian broker-dealers and agents
AS 45.56.320Registration exemption for merger and acquisition broker
AS 45.56.330Agent registration requirement and exemptions
AS 45.56.340Investment adviser registration requirement and exemptions
AS 45.56.350Investment adviser representative registration requirement and exemptions
AS 45.56.360Federal covered investment adviser notice filing requirement
AS 45.56.370Registration by broker-dealer, agent, investment adviser, and investment adviser representative
AS 45.56.380Succession and change in registration of broker-dealer or investment adviser
AS 45.56.390Termination of employment or association of agent and investment adviser representative and transfer of employment or association
AS 45.56.400Withdrawal of registration of broker-dealer, agent, investment adviser, and investment adviser representative
AS 45.56.410Fees
AS 45.56.420Post registration requirements
AS 45.56.430Protecting older and vulnerable adults from financial exploitation
AS 45.56.440Denial, revocation, suspension, withdrawal, restriction, condition, or limitation of registration
AS 45.56.500General fraud
AS 45.56.510Prohibited conduct in providing investment advice
AS 45.56.520Misleading filings
AS 45.56.530Misrepresentations concerning registration or exemption
AS 45.56.540Evidentiary burden
AS 45.56.550Filing of sales and advertising literature
AS 45.56.560Qualified immunity
AS 45.56.600Administration
AS 45.56.610Administrative files and opinions
AS 45.56.620Public records; confidentiality
AS 45.56.630Uniformity and cooperation with other agencies
AS 45.56.640Securities investor education and training fund
AS 45.56.650Service of process
AS 45.56.660Applicability of the chapter
AS 45.56.670Regulations, forms, orders, interpretative opinions, and hearings
AS 45.56.680Investigations and subpoenas
AS 45.56.690Administrative enforcement
AS 45.56.700Civil enforcement
AS 45.56.710Civil liability
AS 45.56.720Rescission offers
AS 45.56.730Criminal enforcement
AS 45.56.740Judicial review
AS 45.56.800Reimbursement of expenses incident to examination or investigation
AS 45.56.810Electronic records and signatures
AS 45.56.820References to federal statutes
AS 45.56.830References to federal agencies
AS 45.56.900Definitions
AS 45.56.995Short title

Enacted in other states

Alabama, Arkansas, Colorado, Delaware, Maryland, Mississippi, Montana, North Carolina, North Dakota, Tennessee, Texas, Virginia, Washington

All Alaska named statutes →

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