Georgia Securities Act, Rules and Orders
The Georgia Uniform Securities Act
The Georgia Uniform Securities Act became effective on July 1, 2009 and is administered by the Georgia Securities Commissioner. The Act is divided into seven articles that are augmented by the rules and orders promulgated by the Georgia Securities Commissioner.
The Georgia Uniform Securities Act
The Securities Act is found under Title 10, Chapter 5 of the Official Code of Georgia.
Rules promulgated pursuant to the Act:
Rules are enacted by the Georgia Securities Commissioner and are currently maintained by the Georgia Archives.
- Georgia Securities Rules
- Notice of Proposed Rules Amendment - Proposed rules will be posted in the Notice of Proposed Rules section immediately below.
Notice Of Proposed Rules
Implementation Orders are issued by the Georgia Securities Commissioner and are maintained by the Securities Division. Please note that all Implementation Orders prior to Implementation Order 2011-04, dated December 8, 2011, have been vacated.
NOTICE OF Proposed Amendment to THE Rules of the Office of Secretary of State
COMMISSIONER OF SECURITIES, CHAPTER 590-4-2 Exemptions, RULE 590-4-2-.02 Federal Covered Security Notice Filing Requirements for Offerings Pursuant to Rule 506
TO ALL INTERESTED PERSONS AND PARTIES:
Notice is hereby given that pursuant to O.C.G.A. § 50-13-1, et. seq., and by the authority of O.C.G.A. § 10-5-70 et. seq., the Commissioner of Securities of the State of Georgia (hereinafter “Commissioner”) and the Office of the Secretary of State (hereinafter “SOS”) hereby give notice of its intent to amend the Georgia Commissioner of Securities Rule 590-4-2-.02, Federal Covered Security Notice Filing Requirement for Offerings Pursuant to Rule 506 (hereinafter “Rule”).
A synopsis and main feature precede the proposed amendment to the Rule.
Written comments or request for oral comments to the Commissioner must be received by the close of business on Thursday, March 20, 2025. Please send all comments or request to:
Noula Zaharis
Assistant Commissioner of Securities
Office of the Georgia Secretary of State
2 Martin Luther King, Jr. Drive SE
West Tower, Suite 317
Atlanta, GA 30334
EMAIL: [email protected]
The Commissioner shall review all comments, may contact commenters to discuss their suggestions, and after the comment period has closed, intends on promulgating final rules. The Commissioner will consider the proposed amendment for adoption at a public hearing at 10:00 a.m. on Friday, March 21,2025 in Suite 810 at the above address.
At the public hearing, anyone may present data, make a statement, comment, or offer a viewpoint or argument whether orally or in writing. Lengthy statements of statements of a recorded or considerable technical or economic nature, as well as previously recorded messages must be submitted for the official record. Oral statements should be concise and will be limited to five minutes per person. This notice, with an exact copy of the proposed amendment, is being distributed to all persons who have requested in writing that they be placed on the distribution list.
A copy of this notice and an exact copy of the proposed amendment may be viewed during the normal business hours of 8:00 a.m. to 5:30 p.m., Monday through Friday, except for official state holidays, at the Office of Secretary of State, Securities and Charities Division, 2 Martin Luther King Jr. Drive, S.E., Suite 317 West Tower, Atlanta, Georgia 30334.
Download the Notice and Rule Synopsis here >>>
Copies may also be requested by contacting the Securities and Charities Division of the Office of Secretary of State at (470) 312-2640.
Securities Orders
Waiver/Variance Request promulgated pursuant to the Act
Relief Orders
The current outbreak of coronavirus disease 2019 (COVID-19) was first reported on December 31, 2019 in Wuhan, China. The disease has led to disruptions to everyday life including the imposition of quarantines around the world, which may limit individuals’ access to facilities, personnel, and third party service providers. The Commissioner of Securities recognizes that, in these circumstances, COVID-19 poses potential challenges to registrants in meeting certain requirements under the Georgia Uniform Securities Act of 2008 and rules promulgated thereunder. To ease the burden on registrants, the Commissioner finds that the following Orders are in the public interest:
Order Implementing Filing Requirements in Response to Covid-19
Order In Response to Covid - 8.28.2020