Welcome to the Uniform Securities Act (2002) website, sponsored by the National Conference of Commissioners on Uniform State Laws ("NCCUSL").  The NCCUSL has turned to the topic of state securities laws three times in its 113 year history, most successfully in 1956 with a Uniform Securities Act that was substantially enacted in thirty-seven states. The Uniform Securities Act (2002) replaces both the 1956 and the 1985 Uniform Acts and is a carefully balanced result of four years of intensive consideration and drafting. It reflects the consensus support from most representatives of the broad array of government and private sector interests that participated in the process.  It has thus far been endorsed by the North American Securities Administrators Association(NASAA), the Securities Industry Association (SIA), the American Bar Association (ABA), ABA Business Law and Litigation Sections, Investment Counsel Association of America (ICAA), National Association of Securities Dealers (NASD), New York Stock Exchange (NYSE), the Investment Counsel Association of America (ICAA), and, most recently, the Certified Financial Planner Board of Standards.

     The USA is now enacted in Missouri, Oklahoma, Idaho, South Dakota, Iowa, Kansas, the US Virgin Islands, South Carolina, Maine, Vermont, Minnesota. Hawaii and Indiana.  It is pending in District of Columbia, Georgia, and Michigan.

      As Co-Chair of the USA Drafting Committee, I hope you will find visiting this website useful because of its helpful summaries, articles, press releases and legislative information. Please contact Kieran Marion at kieran.marion@nccusl.org if you would like to send questions to the Uniform Securities Act Advisory Committee.  Thank you for your interest, and please visit the website often.

Justin L. Vigdor