2E Relating to securities regulations; establishing the MNvest program; providing for MNvest securities registration exemption for crowdfunding transactions; requiring securities offered and sold must be from Minnesota businesses to Minnesota residents and conducted through the MNvest Web site portal; defining certain terms; establishing certain requirements of a MNvest offering; specifying certain required disclosures to and required certification from prospective MNvest offering purchasers; establishing certain requirements for a MNvest portal and those of a prospective portal operator; specifying privacy of purchaser information provided to a portal operator; providing bad actor disqualification; specifying certain portal operator nonpublic records confidentiality requirements
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