General Laws of Massachusetts - Chapter 110A Uniform Securities Act
- Massachusetts General Laws - Sales and Purchases - Chapter 110A, Section 101
It is unlawful for any person, in connection with the offer, sale, or purchase of any security, directly or indirectly (1) to employ any device,...
- Massachusetts General Laws - Advisory Activities - Chapter 110A, Section 102
It is unlawful for any person who receives, directly or indirectly, any consideration from another person primarily for advising the other person as to the...
- Massachusetts General Laws - Registration Requirement - Chapter 110A, Section 201
(a) It is unlawful for any person to transact business in this commonwealth as a broker-dealer or agent unless he is registered under this chapter....
- Massachusetts General Laws - Registration Procedure - Chapter 110A, Section 202
(a) A broker-dealer, agent, investment adviser or investment adviser representative may obtain an initial or renewal registration by filing with the secretary or his designee...
- Massachusetts General Laws - Post-Registration Provisions - Chapter 110A, Section 203
(a) Every registered broker-dealer and investment adviser shall make and keep accounts, correspondence, memoranda, papers, books, and other records as the secretary prescribes by rule...
- Massachusetts General Laws - Document disclosing material facts - Chapter 110A, Section 203A
(a) Each investment adviser registered under this chapter shall disseminate to each client or prospective client a document disclosing material facts. The document shall include...
- Massachusetts General Laws - Denial, Revocation, Suspension, Cancellation, and Withdrawal of Registration - Chapter 110A, Section 204
(a) The secretary may by order impose an administrative fine or censure or deny, suspend, or revoke any registration or take any other appropriate action...
- Massachusetts General Laws - Registration Requirement - Chapter 110A, Section 301
It is unlawful for any person to offer or sell any security in the commonwealth unless:— (1) the security is registered under this chapter; (2)...
- Massachusetts General Laws - Registration by Coordination - Chapter 110A, Section 302
(a) Any security for which a registration statement has been filed under the Securities Act of 1933 in connection with the same offering may be...
- Massachusetts General Laws - Registration by Qualification - Chapter 110A, Section 303
(a) Any security may be registered by qualification. (b) A registration statement under this section shall contain the following information and be accompanied by the...
- Massachusetts General Laws - Provisions Applicable to Registration Generally - Chapter 110A, Section 304
(a) A registration statement may be filed by the issuer, any other person on whose behalf the offering is to be made, or a registered...
- Massachusetts General Laws - Denial, Suspension, and Revocation of Registration - Chapter 110A, Section 305
(a) The secretary may issue a stop order denying effectiveness to, or suspending or revoking the effectiveness of, any registration statement if he finds (1)...
- Massachusetts General Laws - Federal covered securities - Chapter 110A, Section 306
(a) Covered securities under section 18(b)(2) of the Securities Act of 1933. (1) Any security that is a federal covered security under section 18(b)(2) of...
- Massachusetts General Laws - Definitions - Chapter 110A, Section 401
When used in this chapter, unless the context otherwise requires: (a) “Secretary” means the state secretary or the secretary of the commonwealth. (b) “Agent” means...
- Massachusetts General Laws - Exemptions - Chapter 110A, Section 402
(a) The following securities are exempted from sections 301, 306 and 403: (1) any security, including a revenue obligation, issued or guaranteed by the United...
- Massachusetts General Laws - Filing of Sales and Advertising Literature - Chapter 110A, Section 403
The secretary by rule or order may require the filing of any prospectus, pamphlet, circular, form letter, advertisement, or other sales literature or advertising communication...
- Massachusetts General Laws - Misleading Filings - Chapter 110A, Section 404
It is unlawful for any person to make or cause to be made, in any document filed with the secretary or in any proceeding under...
- Massachusetts General Laws - Unlawful Representations Concerning Registration or Exemption - Chapter 110A, Section 405
(a) Neither (1) the fact that an application for registration under Part II or a registration statement under Part III has been filed nor (2)...
- Massachusetts General Laws - Administration of Chapter - Chapter 110A, Section 406
(a) This chapter shall be administered by the secretary. (b) It is unlawful for the secretary or any of his officers or employees to use...
- Massachusetts General Laws - Investigations and Subpoenas - Chapter 110A, Section 407
(a) The secretary in his discretion (1) may make such public or private investigations within or outside of the commonwealth as he deems necessary to...
- Massachusetts General Laws - Violations; Cease and Desist Orders; Costs - Chapter 110A, Section 407A
(a) If the secretary determines, after notice and opportunity for hearing, that any person has engaged in or is about to engage in any act...
- Massachusetts General Laws - Injunctions - Chapter 110A, Section 408
Whenever it appears to the secretary that any person has engaged or is about to engage in any act or practice constituting a violation of...
- Massachusetts General Laws - Criminal Penalties - Chapter 110A, Section 409
(a) Any person who willfully violates any provision of this chapter except section 404, or who willfully violates any rule or order under this chapter,...
- Massachusetts General Laws - Civil Liabilities - Chapter 110A, Section 410
(a) Any person who (1) offers or sells a security in violation of section 201(a), 301, or 405(b), or of any rule or order under...
- Massachusetts General Laws - Judicial Review of Orders - Chapter 110A, Section 411
(a) Any person aggrieved by a final decision of the secretary in an adjudicatory proceeding may obtain judicial review pursuant to section fourteen of chapter...
- Massachusetts General Laws - Rules, Forms, Orders, and Hearings - Chapter 110A, Section 412
(a) The secretary may from time to time make, amend, and rescind such rules, forms, and orders as are necessary to carry out the provisions...
- Massachusetts General Laws - Administrative Files and Opinions - Chapter 110A, Section 413
(a) A document is filed when it is received by the secretary. (b) The secretary shall keep a register of all notice filings made under...
- Massachusetts General Laws - Scope of the Act and Service of Process - Chapter 110A, Section 414
(a) Sections 101, 201(a), 301, 405, and 410 apply to persons who sell or offer to sell when (1) an offer to sell is made...
- Massachusetts General Laws - Statutory Policy - Chapter 110A, Section 415
This chapter shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it and to...
- Massachusetts General Laws - Short Title - Chapter 110A, Section 416
This chapter may be cited as the Uniform Securities Act.
- Massachusetts General Laws - Severability of Provisions - Chapter 110A, Section 417
If any provision of this chapter or the application thereof to any person or circumstance is held invalid, the invalidity shall not affect other provisions...
Last modified: September 11, 2015