Description: This Act prohibits deceptive and fraudulent business practices, including those involving investments and financial transactions, ensuring that consumers and investors are not misled.

Scope: It applies to a wide range of consumer protection issues, including false advertising, misrepresentation, and fraudulent investment schemes. 

Description: This Act governs the formation and operation of limited liability companies (LLCs) in Illinois, providing a legal framework for businesses and investors.

Scope: It includes guidelines on the formation, management, and dissolution of LLCs, as well as the rights and obligations of members and managers.

Description: This law regulates investment advisers in Illinois, ensuring they meet ethical standards and act in the best interests of their clients.

Scope: It requires investment advisers to register with the state and comply with fiduciary duties to provide advice based on client interests.

Description: Illinois’ version of the Blue Sky Law is designed to prevent fraud in the sale of securities within the state and protect investors.

Scope: The law requires securities to be registered unless exempt and mandates full disclosure of financial information to potential investors.

Description: This Act regulates business brokers in Illinois, ensuring that individuals involved in business sales and acquisitions comply with state requirements.

Scope: It covers brokers who facilitate the sale of businesses, including securities and other business interests, ensuring protection for both investors and investees.

Description: This law regulates the offer and sale of securities within Illinois to protect investors from fraud and ensure transparency in securities transactions.

Scope: It requires securities offerings to be registered or qualify for an exemption and mandates that brokers, dealers, and investment advisers be properly licensed. The law includes provisions for civil penalties for violations.

Set maximum interest rates for loans to protect borrowers and investors.
Example: Illinois Interest Act.