NH

New Hampshire Blue Sky Laws

New Hampshire regulates securities under the New Hampshire Securities Act, enforced by the Bureau of Securities Regulation within the Secretary of State's Office. New Hampshire requires registration or exemption for securities offered or sold in the state.

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New Hampshire Securities Regulatory Overview

Regulatory Body
New Hampshire Bureau of Securities Regulation (Secretary of State's Office)
Primary Statute
New Hampshire Securities Act (RSA 421-B)

Registration Requirements

New Hampshire allows registration by coordination, qualification, or notice filing. Reg D Rule 506 offerings require Form D notice filing. Filing fee is $500, due within 15 days of first sale.

Key Provisions of New Hampshire Securities Law

Understanding the core regulatory framework in New Hampshire:

1

Securities must be registered before offer or sale unless exempt under RSA 421-B

2

The Bureau of Securities Regulation has authority to investigate and bring enforcement actions

3

Anti-fraud provisions apply to all securities transactions

4

Broker-dealers and investment advisers must register

Available Exemptions in New Hampshire

New Hampshire provides the following exemptions from full securities registration:

  • Federal covered securities (Reg D Rule 506, Reg A+ Tier 2, exchange-listed) with notice filing
  • Isolated nonissuer transactions
  • Sales to institutional investors
  • Limited offering exemptions
  • Government securities

Penalties for Non-Compliance in New Hampshire

New Hampshire imposes civil penalties, criminal penalties including fines and imprisonment, investor rescission rights, and administrative sanctions.

How New Hampshire Blue Sky Laws Affect Your Transaction

Transactions involving New Hampshire-based shareholders require blue sky compliance when stock is part of the consideration. Acquisition Stars handles New Hampshire notice filings for multi-state deals.

Need Securities Counsel for a New Hampshire Transaction?

Acquisition Stars handles blue sky compliance, M&A transactions, and securities offerings nationwide. Managing partner Alex Lubyansky provides direct counsel on every engagement.

Frequently Asked Questions

Common questions about New Hampshire blue sky laws and securities compliance

What is New Hampshire's Reg D filing fee?
New Hampshire charges $500 for Reg D Rule 506 notice filings with the Bureau of Securities Regulation.
Who regulates securities in New Hampshire?
The Bureau of Securities Regulation within the Secretary of State's Office enforces New Hampshire's securities laws.
Does New Hampshire conduct merit review?
New Hampshire does not apply merit review to Reg D Rule 506 offerings. Only notice filing is required.

Need Securities Compliance Counsel in New Hampshire?

Our managing partner provides selective securities and M&A counsel for transactions involving New Hampshire blue sky law compliance. Submit your transaction details for a preliminary assessment.

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