Securities Division: Overview
The Securities Division licenses and regulates activities of nearly 100,000 broker-dealers, investment advisers and their representatives in New Mexico. The Division has the authority to deny, suspend, or revoke licenses for firms or individuals found guilty of violating New Mexico or federal securities laws. In addition the Division has the authority to impose civil penalties and issue orders to cease and desist from further violations of the law.
One of the primary objectives of the Securities Division is to aggressively pursue 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 securities registration section is primarily 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. In addition, we help New Mexicans with registrations, exemptions and numerous other securities-related questions. In order to lawfully offer securities in New Mexico, securities must be either registered, utilize an exemption, or qualify as a covered security. Regulation D Limited Offerings will be addressed in the Securities Filings, Registrations and Exemptions.
The Division also focuses on investor education with emphasis on protecting consumers, especially the elderly, from potential investment frauds.
For more information contact:
New Mexico Securities Division
Toney Anaya Building
2550 Cerrillos Road, Third Floor
Santa Fe, NM 87505
800.704.5533 – Toll Free in New Mexico