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Mississippi law

Securities & Finance Laws in Mississippi.

Federal securities law ('33 Act, '34 Act, '40 Act) is administered by the SEC. Mississippi supplements with the Mississippi Securities Act (administered by the Secretary of State's Securities Division), which governs state registration of securities, broker-dealers, investment advisers, and agents, and provides state civil and criminal remedies for fraud. Mississippi is an NSMIA-preempted state for federally covered securities but retains notice-filing authority.

Last verified: 2026-04-17

State law

Key Mississippi Statutes

Mississippi Securities ActMiss. Code Ann. § 75-71-101 et seq.

Governs registration of securities offered or sold in Mississippi (unless federally covered) and registration of broker-dealers, investment advisers, and agents. Contains anti-fraud provisions.

Anti-Fraud ProvisionMiss. Code Ann. § 75-71-501

Prohibits schemes to defraud, material misstatements or omissions, and fraudulent or deceitful practices in connection with the offer or sale of securities.

Civil LiabilityMiss. Code Ann. § 75-71-509

Buyers of securities sold in violation of the Act may sue for rescission or damages. Subject to statute of limitations (2 years from discovery, 5 years from violation).

State law

Official Sources

Not Legal Advice

This page summarizes publicly available statutes and rules for informational purposes only. It does not constitute legal advice, and no attorney-client relationship is created by viewing this content. Laws change — always verify with the primary source or consult a licensed attorney in Mississippi.

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