Minnesota Securities Law Attorney

Securities law in Minnesota (MN) is generally governed by federal statute, the U.S. Securities and Exchange Commission (SEC) regulations, Minnesota “blue sky” laws, Minnesota Department of Commerce regulations, and case law.

As business attorney in Minnesota, I advise Minnesota businesses and investors seeking to comply with securities laws or defend their rights against someone who has violated securities laws.

Business Owners

Securities law applies to businesses large and small. The application of securities law to publicly owned corporations is obvious, but securities law also applies to many small privately owned businesses.

LLCs, S-Corps, and Small Businesses

Owners an LLC, S Corp, or other small business might not realize that ownership in their business is governed by securities laws. As a business attorney, I help small business owners know when securities laws apply, and help the business comply with securities laws.

U.S. and MN Securities Laws

Important securities laws include the following:

  • The Securities Act of 1933 (15 USC § 77a et seq.)
  • The Securities Exchange Act of 1934 (15 USC § 78a et seq.)
  • The Investment Company Act of 1940 (15 USC § 80a-1 et seq.)
  • The Investment Advisers Act of 1940 (15 USC § 80b-1 et seq.)
  • Sarbanes-Oxley Act of 2002
  • The Securities Investor Protection Act of 1970
  • The National Securities Markets Improvement Act of 1996 (NSMIA)
  • Rule 10b-5 and 10b-6
  • Minnesota’s Blue Sky Laws

Securities Law for Minnesota Businesses

Securities law involves a number of areas, including

  • Fraud laws
  • Buy-sell agreements (when owners leave or the company buys them out)
  • Civil liabilities
  • Compensation disclosures
  • Corporate transactions
  • Exemptions from Securities Act registration
  • Informal corporate disclosure under federal securities law (press releases, analyst calls, and other communications)
  • Insider trading
  • Issues influencing finance structure and Investment decisions
  • Liability under federal and state securities laws
  • Materiality
  • New proxy distribution
  • Offering securities or participations to directors, officers, employees, or consultants
  • Options for raising private capital during a company’s lifespan
  • Partnering with nonprofit and tax-exempt organizations
  • Potentially insolvent vendors and customers
  • Real estate investment trusts (REIT)
  • Registration of securities offerings
  • Regulation of investment companies
  • Regulation of public offerings
  • Regulation of publicly-held companies
  • Regulation of the securities business
  • Sanctions for violations
  • SEC accounting & financial reporting
  • Secondary and other post-offering distributions
  • Securities Act liability
  • Small business financing: securities law considerations

If you have questions about securities laws, whether you represent an investor or Minnesota business, you may contact attorney Aaron Hall to discuss your legal issues.

Minnesota Attorney Disclosure: Aaron Hall is an attorney licensed in Minnesota, and admitted to practice in state and federal court. As a lawyer, he provides legal counsel and advice to businesses and investors throughout the year. His service area includes Minneapolis, St. Paul, the MN Twin Cities area, and greater Minnesota.

Published on November 12th, 2008 | Filed under this Minnesota lawyer topic: Business Law







Disclaimer: Please read the Terms of Use. This website is advertising, not legal advice. As a lawyer in Minnesota, Aaron Hall and lawyers in his firm are licensed to provide legal services throughout Minnesota (MN), including those in Hennepin County, Ramsey County, Anoka County, Carver County, Dakota County, Scott County, Washington County, Isanti County, and Wright County. The attorneys' service area includes these Minnesota cities: Albert Lea, Albertville, Andover, Anoka, Apple Valley, Arden Hills, Belle Plaine, Big Lake, Blaine, Bloomington, Brooklyn Center, Brooklyn Park, Burnsville, Carver, Castle Rock, Champlin, Chanhassen, Chaska, Circle Pines, Cloquet, Columbia Heights, Concoran, Coon Rapids, Cottage Grove, Crystal, Dayton, Delano, Duluth, Eagan, East Bethel, Eden Prairie, Edina, Elk River, Elko New Market, Excelsior, Falcon Heights, Faribault, Farmington, Forest Lake, Fridley, Glencoe, Golden Valley, Ham Lake, Hamel, Hanover, Hastings, Hibbing, Hopkins, Hugo, Inver Grove Heights, Isanti, Jordan, Lake Elmo, Lakeville, Lilydale, Linden Hills, Lino Lakes, Little Canada, Long Lake, Loretto, Mahtomedi, Mankato, Maple Grove, Maple Plain, Maplewood, Medina, Mendota Heights, Minneapolis, Minnetonka, Minnetrista, Monticello, Moorhead, Mound, Mounds View, Moundsview, New Brighton, New Hope, New Port, New Prague, New Ulm, Newport, North Branch, North St. Paul, Northfield, Oak Grove, Oak Park Heights, Oakdale, Orono, Osseo, Otsego, Owatonna, Plymouth, Prior Lake, Ramsey, Red Wing, Richfield, Robbinsdale, Rochester, Rockford, Rogers, Rosemount, Roseville, Savage, Shakopee, Shoreview, Shorewood, South St. Paul, Spring Lake Park, Spring Park, St. Anthony, St. Bonifacius, St. Cloud, St. Francis, St. Louis Park, St. Michael, St. Paul, St. Paul Park, St. Peter, Stillwater, Twin Cities, Vadnais Heights, Victoria, Waconia, Watertown, Wayzata, West St. Paul, White Bear Lake, Willmar, Winona, Woodbury, and Wyoming, Minnesota (MN).