Changeflow GovPing Securities & Markets Montana Securities Act Overview
Routine Guidance Added Final

Montana Securities Act Overview

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Detected March 17th, 2026
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Summary

The Montana Securities Division provides an overview of the Montana Securities Act, emphasizing its role in investor protection, capital formation, and promoting uniformity among states. The page highlights key statistics for broker-dealer firms, capital approved, and issuer filings in Montana.

What changed

This document serves as an informational overview of the Montana Securities Act, outlining its purpose to protect investors and promote capital formation within the state. It details the Securities Division's functions, including registration, examinations, investigations, and outreach, to ensure a competitive market and expand investment choices for Montanans. Key statistics are provided, such as the number of licensed broker-dealer firms, capital approved for business formation, and issuer filings processed.

While this document is primarily informational and does not introduce new regulatory requirements or deadlines, regulated entities and investors should be aware of the Division's oversight functions. Compliance professionals should note the emphasis on registration, examination, and investigation, which are core activities of the Securities Division. Resources for consumers and professionals are linked, including complaint filing and registration information.

Source document (simplified)

SECURITIES

File Complaint | Report Fraud Contact Us Capital Formation Registration & Fees Broker Check

The Securities Act of Montana was designed to protect investors and persons engaged in securities transactions.  The structure of the Act is designed to encourage, promote, and facilitate Montana investment opportunities while promoting uniformity among the states.  Together, these three tasks— investor protection, capital formation, and uniformity —guide our processes and policies.

The Securities Division accomplishes this by ensuring all persons and offerings are registered with the agency (or have a valid exemption for not registering), conducting examinations of our registered entities, investigating allegations of wrongdoing, and promoting outreach to Montana citizens. This enables the Securities Division to ensure a competitive market for companies and expand choices for Montanans about how to invest their money.

1,305 BROKER-DEALER FIRMS LICENSED IN MONTANA AS OF 6/30/25

$ 188,544,848 CAPITAL APPROVED FOR MONTANA BUSINESS FORMATION IN FY2025

25,618 ISSUER FILINGS PROCESSED IN FY2025 WITH THE CSI

CONSUMERS

Consumer Protection Resources Investors Rights How to Protect Yourself Living Trusts Common Investing Scams Restitution Assistance Fund Military Resources File a Complaint or
Report Fraud
Laws & Rules Sign Up for CSI Updates Request a Presentation Other Organizations Securities Forms

PROFESSIONALS

Compliance Registration & Fees Broker-Dealers Investment Advisers Capital Formation Multi-level Marketing Firms Professionals

Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
State Securities
Instrument
Guidance
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Investors Financial advisers Broker-dealers
Geographic scope
State (Montana)

Taxonomy

Primary area
Securities
Operational domain
Compliance
Topics
Investor Protection Capital Formation

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