Virginia Law

Agency 5. State Corporation Commission, Division of Securities And Retail Franchising

Preface

Agency Summary

Chapter 10

General Administration - Securities ActRead all

Section 10

Authority

Section 20

Classification of Regulatory Standards

Section 30

Application

Section 40

Definitions

FORMS

Forms (21VAC5-10)

Chapter 20

Broker-Dealers, Broker-Dealer Agents and Agents of the IssuerRead all

Part I

Broker-Dealers

Section 10

Application for Registration As a Broker-Dealer

Section 20

Expiration

Section 30

Renewals

Section 40

Updates and Amendments

Section 50

Termination of Registration

Section 60

Broker-Dealer Merger or Consolidation

Section 65

Broker-Dealer Records Retention Requirements

Section 70

Examinations/Qualifications

Section 80

Financial Statements and Reports

Section 85

Limited Canadian Broker-Dealer Registration

Part II

Broker-Dealer Agents

Section 90

Application for Registration As a Broker-Dealer Agent

Section 95

Employment of an Agent by More Than One Broker-Dealer

Section 100

Expiration

Section 110

Renewals

Section 120

Updates and Amendments

Section 130

Termination of Registration

Section 135

Continuing Commission by Retiring Agents

Section 140

Changing Connection from One Broker-Dealer to Another

Section 150

Examination/Qualification

Section 155

Limited Canadian Broker-Dealer Agent Registration

Part III

Agents of the Issuer

Section 160

Application for Registration As an Agent of the Issuer

Section 170

Expiration

Section 180

Renewals

Section 190

Updates and Amendments

Section 200

Termination of Registration

Section 210

Changing Connection from One Issuer to Another

Section 220

Examination/Qualification; Waiver of Examination Requirement

Section 225

Inspection of Records

Part IV

Broker-Dealer and Agent Regulations

Section 230

Notice of Civil, Criminal, Administrative or Arbitrational Action

Section 240

Books and Records of Broker-Dealers

Section 250

[Repealed]

Section 260

Supervision of Agents

Section 270

[Repealed]

Section 280

Prohibited Business Conduct

Section 285

Customer Notice for Designated Securities

Section 290

Financial Responsibility

Section 300

Net Worth

Section 310

Reserve Requirements and Custody of Customer Funds and Securities

Section 320

Clerical or Ministerial Services

Section 330

Model Rules for Sales of Securities at Financial Institutions

FORMS

Forms (21VAC5-20)

DIBR

Documents Incorporated by Reference (21VAC5-20)

Chapter 30

Securities RegistrationRead all

Section 10

Definitions

Section 20

Requirements for Registrations Filed Pursuant to § 13.1-509 of the Act

Section 30

[Repealed]

Section 40

Requirements for Registrations Filed Pursuant to §§ 13.1-508 and 13.1-510 of the Code of Virginia

Section 50

Requirements for Registration Statements Relating to Nonissuer Distributions

Section 60

[Repealed]

Section 70

[Repealed]

Section 80

Adoption of North American Securities Administration Association, Inc. Statements of Policy

Section 90

[Repealed]

FORMS

Forms (21VAC5-30)

DIBR

Documents Incorporated by Reference (21VAC5-30)

Chapter 40

Exempt Securities and TransactionsRead all

Section 10

Commercial Paper

Section 20

Exchange and Automated Quotations System

Section 30

[Repealed]

Section 40

[Repealed]

Section 50

Foreign Issuer

Section 60

[Repealed]

Section 70

Solicitations of Interest Prior to the Filing of a Registration Statement

Section 80

[Repealed]

Section 90

[Repealed]

Section 100

Domestic Issuer Limited Transactional Exemption

Section 110

Internet Offer Transactional Exemption

Section 120

[Repealed]

Section 130

Calculation of the Number of Purchasers under § 13.1-514 B 7 B

Section 140

Accredited Investor Exemption

Section 150

Employee Benefit Plans; Eligible Participants

Section 160

Canadian Securities

Section 170

Offerings Conducted Pursuant to § 13.1-514 B 7 a; Broker-Dealer Participation and Solicitation

Section 180

Certain Options, Warrants, and Rights

Section 190

Intrastate Crowdfunding Exemption

Section 200

Nonissuer Distribution

FORMS

Forms (21VAC5-40)

Chapter 45

Federal Covered SecuritiesRead all

Section 10

Investment Company Notice Filing Requirements

Section 20

Offerings Conducted Pursuant to Rule 506 of Federal Regulation D (17 CFR 230.506): Filing Requirements and Issuer-Agent Exemption

Section 30

Federal Regulation a Tier 2 Offerings

Section 40

Federal Crowdfunding Offerings

FORMS

Forms (21VAC5-45)

Chapter 50

Registration Regulations [Repealed]Read all

Section 10

[Repealed]

Chapter 60

ReportsRead all

Section 10

Filing of Amended Prospectus Required

Section 20

Required Reports of Securities Registrants

Chapter 70

Options and Warrants [Repealed]Read all

Section 10

[Repealed]

Chapter 80

Investment AdvisorsRead all

Part I

Investment Advisor Registration, Notice Filing for Federal Covered Advisors, Expiration, Renewal, Updates and Amendments, Terminations and Merger or Consolidation

Section 10

Application for Registration As an Investment Advisor and Notice Filing As a Federal Covered Advisor

Section 20

Expiration

Section 30

Renewals

Section 40

Updates and Amendments

Section 50

Termination of Registration and Notice Filings

Section 60

Investment Advisor Merger or Consolidation

Section 65

Investment Advisor Records Retention Requirements

Part II

Investment Advisor Representative Registration, Expiration, Updates and Amendments, Termination, and Changing Connection from One Investment Advisor to Another

Section 70

Application for Registration As an Investment Advisor Representative

Section 80

Expiration

Section 90

Renewals

Section 100

Updates and Amendments

Section 110

Termination of Registration

Section 120

Changing a Connection from One Investment Advisor or Federal Covered Advisor to Another

Section 130

Examination/Qualification

Section 140

[Repealed]

Section 145

[Repealed]

Part III

Investment Advisor, Federal Covered Advisor, and Investment Advisor Representative Regulations

Section 146

Custody of Client Funds or Securities by Investment Advisors

Section 150

Agency Cross Transactions

Section 160

Recordkeeping Requirements for Investment Advisors

Section 170

Supervision of Investment Advisor Representatives

Section 180

Requirements for Surety Bonds and Financial Reporting

Section 190

Disclosure Requirements

Section 200

Dishonest or Unethical Practices

Part IV

Exclusions

Section 210

Exclusions from Definition of "Investment Advisor" and "Federal Covered Advisor"

Section 215

Exemption for Certain Private Advisors

Section 220

Performance Based Fees

Part V

Miscellaneous

Section 230

Clarification of Investment Advisor Representative

Section 240

Investment Advisor Representative Registration on Behalf of Other Investment Advisors or Federal Covered Advisors

Section 250

Employment of Investment Advisor Representative by More Than One Investment Advisor or Federal Covered Advisor

Section 260

Information Security and Privacy

FORMS

Forms (21VAC5-80)

DIBR

Documents Incorporated by Reference (21VAC5-80)

Chapter 85

Forms - Securities Act [Repealed]Read all

Section 10

[Repealed]

Chapter 90

Virginia State Corporation Commission Virginia Retail Franchising Act Rules and Forms [Repealed]Read all

Section 10

[Repealed]

Chapter 100

Disclosure of Information or Documents by CommissionRead all

Section 10

Disclosure of Confidential Information

FORMS

Forms (21VAC5-100)

Chapter 110

Retail Franchising Act RulesRead all

Section 10

Definitions

Section 20

Preliminary Statement

Section 30

Registration Application; Documents to File; Interim Financial Statements

Section 40

Pre-Effective and Post-Effective Amendments to the Registration

Section 50

Expiration; Application to Renew the Registration; Interim Financial Statements

Section 55

The Franchise Disclosure Document

Section 60

Automatic Effectiveness (Optional)

Section 65

Escrow and Deferral

Section 70

Consent to Service of Process

Section 75

Exemptions

Section 80

General Requirements for Preparation of Disclosure Documents; Master Franchises; Electronic Disclosure

Section 85

Disclosure of Confidential Information

Section 90

[Repealed]

Section 95

Requirements for Franchise Disclosure Document Preparation

FORMS

Forms (21VAC5-110)

DIBR

Documents Incorporated by Reference (21VAC5-110)

Chapter 120

Virginia Trademark and Service Mark ActRead all

Part I

General Administration

Section 10

Definitions

Section 20

Authority; Severability

Section 30

Classification of Regulatory Standards

Section 40

Application of Regulations

Part II

Registration and Protection of Trademarks and Service Marks

Section 50

Application for Registration

Section 60

Expiration

Section 70

Renewals

Section 80

Assignments and Name Change

Section 90

Cancellation Procedures

Part III

Classification of Goods and Services

Section 100

Classification of Goods and Services

Part IV

Forms for Trademarks and Service Marks [Repealed]

Section 110

[Repealed]

FORMS

Forms (21VAC5-120)