Delaware Senate Bill 91

---

May 16 2013 - Assigned to Judiciary Committee in Senate
Pending: Senate Judiciary Committee
Text: Latest bill text (Draft #1) [HTML]

This Bill amends the Delaware Securities Act to clarify that the Act’s anti-fraud provision should be interpreted in accordance with how federal courts interpret similar anti-fraud provisions in federal securities laws. The Bill also changes the name of the Securities Division and the Securities Commissioner to the Investor Protection Unit and Investor Protection Director, respectively. The Bill provides greater flexibility with respect to the Director’s ability to delegate responsibilities to a hearing officer, and makes a number of additional technical changes to the Act.

An Act To Amend Title 6 Of The Delaware Code Relating To The Delaware Securities Act.

Sen Townsend	Rep Walker	Rep Wilson	Sen Henry
Sen Sokola	Rep Keeley

Date	Chamber	Action
2013-05-16	Senate	Assigned to Judiciary Committee in Senate

Type	Source
Summary	http://legis.delaware.gov/LIS/lis147.nsf/2bede841c6272c888025698400433a04/729184dfcd15b3e585257b660069c665?OpenDocument
Text	http://legis.delaware.gov/LIS/lis147.nsf/vwLegislation/SB+91/$file/legis.html?open