The Division of Securities: Objectives and Limitations

Administration 2021, Division of Securities, Uncategorized

Have you wondered what the Division of Securities can do for you? A bit of historical perspective might provide a better understanding. Founded in 1919 as the Securities Commission for enforcement of Utah’s Blue Sky laws, the Utah Division of Securities now enforces the Utah Uniform Securities Act. The Act has five objectives:¬ to license broker-dealers and their agents, investment …

What is a Security? From the Division of Securities.

Administration 2021, Division of Securities

Security is a term used often in financial transactions. Generally speaking, a security is a tool used to generate a financial gain.  Most people understand securities to be stocks and bonds and know that special laws apply to securities, but many do not realize that Utah law defines “securities” far more broadly than just stocks or bonds. A security also …