GA HB934

Transfers regulation of securities and commodities from the Secretary of State to the Department of Banking and Finance effective July 1, 2026

Ongoing investigations with the Secretary of State's office will immediately transfer to the Department of Banking and Finance on the effective date

Creates an advisory board of up to 12 members appointed by the commissioner, including at least one member with securities regulation experience and one with commodities regulation experience

Transfers all employees working on securities and commodities regulation from the Secretary of State to the Department of Banking and Finance, with compensation and benefits protected from reduction

All existing rules, regulations, contracts, and state-owned real property related to these regulatory functions transfer to the Department of Banking and Finance