Loading chat...
AR HB1436
Bill
Status
3/21/2023
Primary Sponsor
John Maddox
Click for details
AI Summary
-
Amends Arkansas Code § 23-42-308(a) to modify grounds for the Securities Commissioner to deny, suspend, make conditional or probationary, or revoke securities registrations
-
Adds clarification that applicants or registrants may have been convicted of or pled guilty or nolo contendere to criminal charges, expanding from the original language regarding convictions only
-
Modifies criminal history standards to include misdemeanors involving securities, commodities, investments, franchises, insurance, banking, or finance committed within the previous ten (10) years
-
Specifies that misdemeanor convictions related to fraud, false statements, omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or conspiracy are grounds for regulatory action
-
Approved March 21, 2023
Legislative Description
To Amend The Arkansas Securities Act; And To Modify Certain Actions Against A Registration Under The Arkansas Securities Act.
Last Action
Notification that HB1436 is now Act 324
3/21/2023