CT HB05186

Expands grounds for denial, suspension, or revocation of securities registration to include persons released from incarceration within the past ten years following conviction of specified offenses (effective October 1, 2010).

Modifies service of process procedures for securities and business opportunity registrants by allowing certified mail, express delivery, or other reasonably calculated notice methods in addition to registered mail (effective from passage).

Changes terminology in business opportunity disclosure requirements from "trust deposit" to "trust account" and from "depository" to "financial institution" for consistency (effective from passage).

Clarifies that business opportunity exemption thresholds apply to initial payments not exceeding $200 with no income guarantees, with commissioner authority to modify exemptions by regulation or order (effective from passage).

Updates references throughout securities and business opportunity statutes to reflect amendments made by the act.