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CO HB1188

Bill

Status

Introduced

2/9/2026

Primary Sponsor

Sean Camacho

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Continues the Division of Securities and Securities Board until September 1, 2037, extending the current repeal date from 2026
  • Changes cease-and-desist and license suspension procedures to allow the securities commissioner to issue preliminary orders that become final if the subject does not request a hearing within 15 days; hearings must occur within 30 days of the order
  • Clarifies that deficiency letters from examinations are confidential and exempt from Colorado Open Records Act disclosure
  • Requires the executive director of the Department of Regulatory Agencies to consult with the Securities Board when appointing the securities commissioner
  • Requires investment advisers and investment adviser representatives doing business in Colorado to be licensed unless exempt, and updates statutory language to be gender neutral

Legislative Description

Sunset Process Securities Regulation

Financial Services & Commerce

Last Action

House Committee on Finance Refer Amended to Appropriations

3/16/2026

Committee Referrals

Appropriations3/16/2026
Finance2/9/2026

Full Bill Text

No bill text available