Missouri HB2908 modifies the Missouri Securities Act of 2003 by adjusting fees, creating a Restitution Recovery Fund, and establishing an Investor.
Missouri HB2908 modifies the Missouri Securities Act of 2003 by adjusting fees for various registrations and renewals, creating a Restitution Recovery Fund to assist aggrieved investors, and establishing an Investor Education and Protection Fund for investor education initiatives. The bill also outlines the conditions under which fees may be retained or refunded and specifies the factors to consider when adjusting fees. The commissioner is authorized to conduct a comprehensive financial review of the division's revenue and expenditures every four years.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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