State Administrator

AAA

DEFINITION of 'State Administrator'

The government agency or official who oversees and enforces state-level regulations regarding securities transactions. Model legislation called the Uniform Securities Act guides each state in setting its own laws for securities transactions that do not fall under federal regulation. The state administrator's job is to protect investors from securities fraud at the state level.

INVESTOPEDIA EXPLAINS 'State Administrator'

The state administrator essentially acts like the federal securities regulator, the Securities and Exchange Commission, on matters that do not fall under the SEC's purview. A state administrator's role includes the ability to bar, censure, restrict or suspend registered organizations or individuals who fail to adhere to the terms set forth in the Uniform Securities Act. These terms include willful securities violations, unethical business practices, felony convictions and other such infractions.

RELATED TERMS
  1. Regulated Market

    A medium for the exchange of goods or services over which a government ...
  2. Regulation Fair Disclosure - Reg ...

    A rule passed by the Securities and Exchange Commission in an ...
  3. Regulation G

    A federal regulation that requires insured depository institutions ...
  4. Regulation T - Reg T

    The Federal Reserve Board regulation that governs customer cash ...
  5. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  6. Uniform Securities Act

    An act created as a starting point for state-level securities ...
Related Articles
  1. Professionals

    Succeeding At The Series 63 Exam

  2. Personal Finance

    Want To Know What Disclosures Mean ... ...

  3. Investing

    Does a company have to notify its investors ...

  4. Investing Basics

    Policing The Securities Market: An Overview ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center