"Minnesota Securities Act"; changing the name from the Uniform Securities Act of 2002 to the Minnesota Securities Act; regulating registration, filings and fees; defining accredited investor; modifying and exempting certain transactions from registration requirements, specifying certain notification requirements; modifying small corporate registration statement requirements; modifying certain securities registration statement stop orders requirements; modifying registration requirements and exemptions for securities broker-dealers, agents and investment advisers and certain notice filing requirements of federal covered investment advisers; modifying certain filing fees; imposing a federal covered investment adviser filings fee; eliminating civil liability of unregistered investment advisor representative; making statutory conforming changes; specifying instructions to the revisor of statutes
(Ch. 256, 2008)