Wednesday, January 21, 2009

Minnesota Proposes Securities Rules to Coordinate with New Act

By James Hamilton, J.D., LL.M.

New securities rules to coordinate with the Minnesota Uniform Securities Act adopted in 2007 were proposed by the State's Department of Commerce.

The proposed rules can be found here.

Interested persons have until February 19, 2009 to submit written comments about the proposed rules and to request a public hearing on them. Please submit these comments to Brett Bordelon, Minnesota Department of Commerce, 85 7th Place East, Suite 500Saint Paul, MN 55101 FAX: (651) 284-4106;TTY (651) 296-2860.