HB2233 - Tennessee - Commerce And Insurance, Dept. Of, Securities

Companion Bill SB2170. Securities - Clarifies circumstances under which the commissioner of commerce and insurance may order deny, suspend, or revoke a registration to sell securities in this state. - Amends TCA Section 48-2-112. Fiscal Summary for *HB2233 / SB2170Decrease State Revenues - Not Significant State Expenditures - Net Impact - Not Significant Bill Summary for *HB2233 / SB2170 Present law authorizes the commissioner of commerce and insurance to deny, suspend, or revoke, by order, any registration under the Tennessee Securities Act for various reasons, including a registrant or applicant having been convicted within the past 10 years of any misdemeanor involving a security or any aspect of the securities business or any investment-related business, or any felony. Present law provides that the commissioner may not institute [...]

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