RI

Rhode Island Blue Sky Laws

Rhode Island regulates securities under the Rhode Island Uniform Securities Act, enforced by the Securities Division of the Department of Business Regulation. Rhode Island adopted the Uniform Securities Act and requires registration or exemption for securities offered or sold in the state.

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Rhode Island Securities Regulatory Overview

Regulatory Body
Rhode Island Department of Business Regulation, Securities Division
Primary Statute
Rhode Island Uniform Securities Act (R.I. Gen. Laws 7-11-101 et seq.)

Registration Requirements

Rhode Island allows registration by coordination, qualification, or notice filing. Reg D Rule 506 offerings require Form D notice filing. Filing fee is $300.

Key Provisions of Rhode Island Securities Law

Understanding the core regulatory framework in Rhode Island:

1

Securities must be registered before offer or sale unless exempt

2

Rhode Island adopted the Uniform Securities Act

3

Anti-fraud provisions apply to all securities transactions

4

The Securities Division has investigative and enforcement authority

Available Exemptions in Rhode Island

Rhode Island provides the following exemptions from full securities registration:

  • Federal covered securities with notice filing
  • Isolated nonissuer transactions
  • Sales to institutional investors
  • Limited offering exemptions
  • Government securities

Penalties for Non-Compliance in Rhode Island

Rhode Island imposes civil penalties, criminal penalties including fines and imprisonment, investor rescission rights, and administrative sanctions.

How Rhode Island Blue Sky Laws Affect Your Transaction

Transactions involving Rhode Island-based shareholders require compliance when stock is part of the consideration. Acquisition Stars handles Rhode Island filings for multi-state deals.

Need Securities Counsel for a Rhode Island 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 Rhode Island blue sky laws and securities compliance

What is Rhode Island's Reg D filing fee?
Rhode Island charges $300 for Reg D Rule 506 notice filings.
Who regulates securities in Rhode Island?
The Securities Division of the Department of Business Regulation enforces Rhode Island's securities laws.
Does Rhode Island follow the Uniform Securities Act?
Yes. Rhode Island adopted the Uniform Securities Act.

Need Securities Compliance Counsel in Rhode Island?

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

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