The primary mission of the New Mexico Securities Division is investor protection Consistent with that purpose, the Division seeks to preserve and strengthen a free and competitive securities market for New Mexico, increase investor confidence, and thereby encourage the formation of capital, to promote integrity, fairness, and full disclosure in financial services. It accomplishes this goal by:
- Licensing stock brokers and investment advisers whose business is to assist and advise investors;
- Reviewing and approving some types of investment opportunities before issuers raise capital to insure compliance with the law;
- Discovering, stopping, and prosecuting those who violate the laws governing investment capital, or who commit fraud; and,
- Educating New Mexicans about the proper ways of raising investment capital, and about the risks associated with investments.
The Division is supervised by a Director, and includes specialists in consumer education, compliance, investigation and law. For those situations involving criminal action, like fraud, the Division’s prosecutors work with local District Attorneys in seeking indictments and convictions. The Division is compromised with the following bureaus:
Consumer Protection and Investor Education
One of the most effective forms of investor protection is investor education. The Division develops and implements programs, provides presentations and participates in outreach events across the state to help New Mexicans learn about smart investing strategies and how to avoid falling victim to fraud.
The Division pursues criminal and civil actions against individuals or firms accused of defrauding investors. The Division takes allegations of investor fraud seriously and investigates them thoroughly, working with state and federal law enforcement officials when necessary.
The Division is responsible for reviewing all public, non-traded offerings of securities to determine whether they meet the requirements of the State as well as the North American Securities Administrators Association (NASAA) in order to protect the rights of the residents. Registered offerings are reviewed to determine whether there is a fair allocation of risk between the investors and the promoters, and to ensure that the offering documents adequately disclose the known risks of the investment.
If you have any questions, or have a concern about a fundraising effort you have seen, email or call the Division. Your concern will be addressed promptly, and you will be informed of the Division’s findings and actions.The primary mission of the New Mexico Securities Division is investor protection.