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Uniform Securities Act

Massachusetts · Uniform Securities Act · §§ 110A-101 to 110A-417 · 31 sections

Overview

This act governs the offer and sale of securities within a state, establishing a regulatory framework administered by a state securities authority. It defines the securities, transactions, and market participants subject to regulation, and requires broker-dealers, sales representatives, transfer agents, investment advisers, and their representatives to be licensed, with examination requirements, application and fee procedures, and exemptions for certain categories of firms and individuals. It also addresses fraud and deceit in connection with securities transactions, and extends coverage to specialized investment products such as viatical settlements.

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

Enacted in other states

Connecticut, Hawaii, Iowa, Idaho, Indiana, New Hampshire, New Mexico, Nevada, South Carolina, South Dakota, Utah, Vermont, West Virginia, Wyoming

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