Is securities fraud a federal or state crime?

Securities fraud, or investment fraud, is a crime that involves deceitful practices in the stock or commodities markets. In the United States, securities fraud falls under both federal and state laws. At the federal level, the U.S. Securities and Exchange Commission (SEC) is in charge of enforcing securities laws, including those related to fraud. The SEC is empowered to investigate cases of securities fraud and prosecute offenders if appropriate. At the state level, each state has its own laws and regulations governing securities fraud. In Utah, securities fraud is regulated by the Utah Department of Commerce. The department has the authority to investigate cases of securities fraud and take appropriate actions, such as filing civil or criminal charges, depending on the offense. In general, securities fraud can be a serious crime with severe penalties. Depending on the details of the offense, offenders may face fines, jail time, or both. It is essential to understand the relevant laws in order to protect yourself and ensure that you are not engaged in any activities that could be considered securities fraud.

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Is securities fraud a federal or state crime?

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