TN HB2529

Exempts persons from investment adviser registration requirements when exempted by commissioner rule under specified statutory provisions

Authorizes chancery courts to appoint the Commissioner of Commerce and Insurance as receiver or conservator for defendants or their assets upon the commissioner's request in securities enforcement actions

Establishes statute of limitations for private securities violation lawsuits: 5 years from the violating act or 2 years from discovery of facts (or when discovery should have occurred through reasonable diligence), whichever expires first

Requires broker-dealers and agents seeking to expunge customer dispute information from the Central Registration Depository (CRD) system to provide the department 60 days written notice and name the department as a party, though the commissioner may waive the party requirement

Repeals Title 49, Chapter 4, Part 1 (provisions related to education matters under commerce and insurance regulation) in its entirety