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 a 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.