The primary mission of the Division of Securities, which was established in the early 1930s, is to protect the investing public and promote confidence in the capital markets. About the Securities Division
News and Updates
On May 18, 2015, Washington Governor Inslee signed into law Engrossed Substitute Senate Bill 5826 (ESSB 5826). The law creates a Small Business Retirement Marketplace that will educate small employers on the availability of retirement plans and promote, without mandating participation, qualified, low-cost, low-burden retirement savings vehicles. In addition, Section 3(6) of ESSB 5826 requires the Department of Financial Institutions to verify that the retirement plans offered on the Small Business Retirement Marketplace meet the criteria set forth in the law. The Department of Financial Institutions must propose rules to address this requirement.
The Securities Division has adopted a final rule to require notice filings in connection with Tier 2 securities offerings under federal Regulation A.
The Division of Securities has adopted amendments to WAC 460-80-140 to correct a reference to the Federal Trade Commission’s franchise disclosure rule concerning financial statements. The amendment adopted changes the citation from 16 C.F.R. § 465.5(u) to 16 C.F.R. § 436.5.
The Securities Division has adopted amendments to WAC 460-44A-502 to provide legend guidance for restricted securities. The adopted amendments remove a reference to an outdated North American Securities Administrators Association (“NASAA”) guideline and instead provide the suggested language for the legends in the text itself.
The Securities Division has adopted Franchise Act Interpretive Statement FIS-08 (“Interpretive Statement”). The Interpretive Statement provides guidance on acceptable methods of demonstrating compliance with the net worth requirement found in RCW 19.100.030(4)(b)(i)(4).
If you have a complaint against an individual selling an investment or offering advice, file a complaint with the Division.
Before investing, make sure to verify the license of the individual selling the investment and make sure the investment itself is registered to be sold in Washington.
Old Stock Certificates
Links to resources to help you find the value of old stock certificates.
Department of Financial Institutions
PO Box 9033
Olympia, WA 98507-9033
Main Telephone Line: (360) 902-8760
Toll Free: (877) RING DFI (746-4334)
Fax: (360) 902-0524
TDD: (360) 664-8126