Description: This act regulates the conduct of investment managers in Arizona, ensuring that they adhere to ethical standards and fiduciary duties.

Scope: The law ensures that investment advisers and their firms operate transparently, disclose conflicts of interest, and uphold high standards of care and diligence in managing client investments.

Description: Arizona established a crowdfunding exemption to help businesses raise funds from Arizona residents, similar to federal regulations, but tailored for local use.

Scope: Arizona’s crowdfunding exemption allows businesses to raise up to $1 million through online crowdfunding, with limits on individual investments. The exemption provides a more accessible capital-raising option for small businesses while maintaining investor protections.

Description: This act regulates the sale of securities in Arizona, ensuring that transactions are fair and protecting investors from fraud.

Scope: The Arizona Securities Act requires that securities be registered or qualify for an exemption before being offered for sale. It also regulates brokers, dealers, and investment advisers, imposing penalties for violations.

Description: Nevada regulates banking institutions that provide financial services to investors and businesses.

Scope: This regulation ensures the financial institutions in Nevada operate under safe and sound banking practices, protecting investors' funds and promoting financial stability in the state.

Description: This act regulates investment advisers in Nevada, establishing standards of conduct and requiring the registration of investment advisers with the state.

Scope: Investment advisers are required to meet certain qualifications, provide fiduciary duties to clients, and avoid conflicts of interest. The act ensures transparency and ethical conduct among investment professionals.

Description: The Nevada Securities Act governs the sale and regulation of securities in Nevada, ensuring that transactions are conducted fairly and protecting investors from fraud.

Scope: This act requires securities to be registered with the state unless exempt and regulates broker-dealers and investment advisers. It provides penalties for fraudulent activities and mandates disclosure to protect investors.

Description: The Michigan Consumer Protection Act includes provisions to protect consumers and investors from fraudulent business practices and deceptive trade practices in the financial markets.

Scope: It covers various financial and business transactions, providing protections to investors from fraud, deceptive advertising, and misrepresentation.

Description: The Michigan Business Corporation Act outlines the creation, governance, and regulation of corporations in Michigan, with a focus on ensuring accountability to investors.

Scope: It specifies the rights of shareholders and corporate officers, with an emphasis on protecting investors' interests in the management and operations of corporations.

Description: Michigan allows businesses to raise capital through equity crowdfunding, making it easier for smaller companies to attract investment from local investors.

Scope: Michigan’s crowdfunding exemption permits securities offerings up to $1 million, similar to federal regulations under the JOBS Act, while ensuring necessary safeguards to protect investors.

Description: MUSA governs the sale and regulation of securities within Michigan, ensuring compliance with both state and federal securities regulations and protecting investors.

Scope: It mandates the registration of securities unless exempt, and it also sets out regulations for broker-dealers, investment advisers, and the protection of investors from fraudulent practices.