Mississippi regulates securities under the Mississippi Securities Act of 2009, enforced by the Securities Division of the Office of the Secretary of State. Mississippi modernized its framework by adopting a version of the Uniform Securities Act.
Mississippi 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 $300, due within 15 days of first sale.
Understanding the core regulatory framework in Mississippi:
Securities must be registered before offer or sale unless exempt under the Mississippi Securities Act
Mississippi adopted a version of the 2002 Uniform Securities Act effective 2010
Anti-fraud provisions apply to all securities transactions
The Securities Division has investigative and enforcement authority
Mississippi provides the following exemptions from full securities registration:
Mississippi imposes civil penalties up to $10,000 per violation, criminal penalties including fines and imprisonment, investor rescission rights, and administrative sanctions.
Transactions involving Mississippi-based shareholders require blue sky compliance when stock is used as deal consideration. Acquisition Stars handles Mississippi notice filings 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 Mississippi blue sky laws and securities compliance
Our managing partner provides selective securities and M&A counsel for transactions involving Mississippi blue sky law compliance. Submit your transaction details for a preliminary assessment.
Request Engagement AssessmentSelective M&A practice - Nationwide reach - Managing partner on every deal