Bill > HB1336

This bill makes several changes to Indiana's securities laws, primarily concerning the registration and ongoing requirements for individuals and entities involved in securities transactions. Key provisions include exempting merger and acquisition brokers from registering as broker-dealers under specific conditions, particularly when they are not directly handling funds or securities, engaging in public offerings, or dealing with shell companies. It also mandates that applicants seeking to register as agents of a broker-dealer or as investment adviser representatives in Indiana must pass examinations administered by the Financial Industry Regulatory Authority (FINRA), with certain exceptions and provisions for extending the validity of these examinations. Furthermore, the bill introduces a requirement for investment adviser representatives to participate in continuing education programs, outlining specific credit requirements for ethics and product knowledge, and establishes rules for how this continuing education is administered and reported. Finally, it clarifies the grounds for denying, revoking, or conditioning the registration of individuals and entities in the securities industry.

Business and Industry

https://iga.in.gov/legislative/2026/bills/house/1336/details