Indiana regulates securities under the Indiana Uniform Securities Act, enforced by the Securities Division of the Office of the Secretary of State. Indiana adopted the Uniform Securities Act and maintains a structured approach to securities regulation.
Indiana allows registration by coordination, qualification, or notice filing for federal covered securities. Reg D Rule 506 offerings require Form D notice filing with the Securities Division. Filing fee is $250, due within 15 days of first sale.
Understanding the core regulatory framework in Indiana:
Securities must be registered before offer or sale unless exempt under the Indiana Uniform Securities Act
Indiana adopted the 2002 Uniform Securities Act with state-specific modifications
Anti-fraud provisions apply to all securities transactions in Indiana
The Securities Division has authority to investigate and bring enforcement actions
Indiana provides the following exemptions from full securities registration:
Indiana imposes civil penalties up to $10,000 per violation, criminal penalties including Class C felony charges for fraud, investor rescission rights, and administrative sanctions including cease-and-desist orders.
Indiana's manufacturing and pharmaceutical sectors generate M&A activity requiring blue sky compliance. Transactions involving Indiana-based shareholders require proper notice filing when stock is used as consideration. Acquisition Stars handles Indiana compliance for multi-state deals.
Acquisition Stars handles blue sky compliance, M&A transactions, and securities offerings nationwide. Managing partner Alex Lubyansky provides direct counsel on every engagement.
Common questions about Indiana blue sky laws and securities compliance
Our managing partner provides selective securities and M&A counsel for transactions involving Indiana blue sky law compliance. Submit your transaction details for a preliminary assessment.
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