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Louisiana

Louisiana Revised Statutes Title 51 – Securities Regulation (2011)

  • Read more about Louisiana Revised Statutes Title 51 – Securities Regulation (2011)

Description: This statute governs the regulation of securities and investment activities in Louisiana, ensuring investor protection and setting forth the rules for securities registration and sales.

Scope: Includes provisions for anti-fraud measures, the registration process for securities offerings, and the conduct of broker-dealers and investment advisers within Louisiana.

Louisiana Business Corporation Act (1999)

  • Read more about Louisiana Business Corporation Act (1999)

Description: This act provides the legal framework for corporate governance, focusing on the rights of shareholders and the responsibilities of corporate officers and directors in Louisiana.

Scope: While not solely about investors, the law outlines the rights of investors as shareholders, including voting rights, rights to information, and the process for dissolving or merging corporations.

Louisiana Investment Adviser Act (2008)

  • Read more about Louisiana Investment Adviser Act (2008)

Description: Regulates investment advisers and firms providing financial advice to investors in Louisiana.

Scope: This law requires investment advisers to register with the state and disclose any potential conflicts of interest, ensuring that advisers are acting in their clients' best interests. It also mandates that advisers maintain certain qualifications and provide detailed disclosures about their services.

Louisiana Crowdfunding Exemption (2015)

  • Read more about Louisiana Crowdfunding Exemption (2015)

Description: Provides exemptions for small businesses in Louisiana to raise capital through crowdfunding without having to comply with traditional securities regulations.

Scope: This exemption allows startups and small businesses to raise capital via online platforms with limits on the amount individual investors can contribute. The law ensures that investors receive clear information while lowering the regulatory burden on businesses raising funds.

Louisiana Uniform Securities Law (1981)

  • Read more about Louisiana Uniform Securities Law (1981)

Description: Implements the Uniform Securities Act in Louisiana to standardize securities regulation and prevent fraud across the state.

Scope: It regulates the sale of securities and the conduct of investment advisers, broker-dealers, and other related parties. The law provides protections for investors, mandates disclosures, and ensures fair dealing within the state.

Louisiana Securities Law (1954)

  • Read more about Louisiana Securities Law (1954)

Description: Provides the regulatory framework for securities transactions in Louisiana, focusing on protecting investors from fraud and ensuring that companies and individuals comply with state standards.

Scope: This law requires the registration of securities before they can be offered or sold in the state. It also sets up rules for broker-dealers, investment advisers, and issuers to ensure transparent and fair investment practices.

Louisiana Office of Financial Institutions

  • Read more about Louisiana Office of Financial Institutions

Overview:

Oversees securities laws and protects investors in Louisiana

Address:

8660 United Plaza Blvd, 2nd Floor, Baton Rouge, LA 70809

Specific Regulations:

Louisiana Securities Act

Resources:

Resources on securing investments and avoiding fraud

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