What are the rules governing the sale of securities?

In Washington, state and federal laws govern the sale of securities. These laws are intended to protect investors from fraud or abuse in the sale of securities. Under state law, a securities salesperson must be registered with the state and must conduct their business according to certain rules and regulations. For example, a salesperson must provide potential investors with accurate and complete information about the security they are selling, including the risks and potential rewards. They are also prohibited from making false or misleading statements or promises, and they must be readily available to answer questions or provide additional information. At the federal level, the Securities and Exchange Commission (SEC) regulates the sale of securities. The SEC requires companies and individuals selling securities to register their offerings with the SEC, which requires them to provide investors with detailed information about the investment. Furthermore, companies and individuals selling securities must comply with certain disclosure requirements and must take steps to prevent insider trading. In addition to these state and federal requirements, it is important to investigate any potential investment thoroughly before investing. You should be wary of any offers that sound too good to be true, and you should always take the time to thoroughly understand and evaluate any potential investment before making a decision.

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What are the rules governing the sale of securities?

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