ME LD2060

Updates federal citation references in the Maine Uniform Securities Act from Section 4(2) to Section 4(a)(2) of the Securities Act of 1933 regarding nonpublic securities offerings

Changes terminology from "registration" to "licensure" throughout the Act for consistency with licensing requirements for broker-dealers, agents, investment advisers, and investment adviser representatives

Expands the Securities Administrator's authority to grant broker-dealer licensing exemptions to any person regardless of location, not just broker-dealers without a place of business in Maine

Maintains existing $300 nonrefundable filing fee for nonpublic offerings and $500 late filing fee for filings made 16 or more days after the first sale in Maine