Missouri HB2990 modifies the Missouri Securities Act of 2003 by adjusting fees, creating funds, and outlining procedures for securities regulation.
Missouri HB2990 modifies the Missouri Securities Act of 2003 by setting fees for broker-dealer and investment adviser registrations and renewals. It creates the Investor Education and Protection Fund and the Restitution Recovery Fund to support investor education and provide restitution assistance to aggrieved investors. The bill also outlines the commissioner's authority to adjust fees and mandates 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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