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CT SB00172

Bill

Status

Introduced

2/18/2016

Primary Sponsor

Banking Committee

Click for details

Origin

Senate

2016 General Assembly

AI Summary

  • Updates Connecticut securities law citations to reflect amendments made by the Jumpstart Our Business Startups Act and other federal legislation.

  • Changes reference from Securities Act of 1933 Section 18(b)(4)(D) to Section 18(b)(4)(E) regarding covered securities in definitions of "agent" and notice filing requirements.

  • Changes reference from Securities Exchange Act of 1934 Section 15(h) to Section 15(i) in five locations addressing broker-dealer and investment adviser requirements for registration, financial reporting, record-keeping, and custody of customer funds.

  • Section 1 becomes effective July 1, 2016, while Sections 2-5 become effective upon passage.

Legislative Description

An Act Concerning Technical Revisions To The Connecticut Uniform Securities Act.

Last Action

Public Hearing 02/25

2/19/2016

Committee Referrals

Banking2/18/2016

Full Bill Text

No bill text available