Idaho Department of Finance

Securities Section

Through the authority of Idaho’s Uniform Securities Act (2004) and the Idaho Commodity Code, the Securities Bureau of the Department of Finance regulates the sale of investment securities (e.g., stocks and bonds) and those individuals and entities that offer investment opportunities to the public.

Uniform Securities Act (2004)

Idaho’s Uniform Securities Act (2004) seeks to preserve and promote legitimate securities markets by assisting companies in their attempts to raise capital and prevent investment fraud. While the Act is designed to protect investors from fraud, it does not protect investors from the possibility of investment loss resulting from securities price movements, market changes or business failures. The Act requires that persons who solicit investments provide complete disclosure of all the important aspects of the investment being promoted. With this information, investors are empowered to make reasoned investment decisions.

Idaho Commodity Code

The Idaho Commodity Code is designed to reduce fraud by outlawing certain commodity investment contracts where the investor never receives delivery of the commodity. The law does not create a separate regulatory system. Rather, the statute provides an enforcement tool that relates to types of investment fraud not covered by Idaho’s Uniform Securities Act (2004).

Corporate Takeover Acts

In addition, the Securities Bureau of the Department of Finance has limited duties under Idaho's corporate takeover Acts. In 1988, the Idaho Legislature adopted the Control Share Acquisition Act and the Business Combination Act to govern certain corporate mergers in Idaho. The first law gives shareholders more authority to decide the terms of a takeover and the second allows a corporation to limit the effects of a takeover.

Securities Section Online Resources:

  • Securities FAQ
  • General Investment Information/Education:
    • Understanding Your Brokerage Account Statements Brochure: PDF PDF DocumentExternal Link or in Spanish PDF DocumentExternal Link
    • When Your Broker Calls Take Notes: Word Word Document | PDF PDF Document
    • A Consumers Guide to Making Venture Investments in Small Businesses: Word Word Document | PDF PDF Document
    • Investor Education Materials Available from the Department: Word Word Document PDF PDF Document
    • Investor Links for more information on other websites
    • The Basics of Savings and Investing: Investor Education 2020 External Link
    • Cutting through the confusion - Where to turn for help with your investments: PDF PDF DocumentExternal Link