About Secretary RokitaJanuary 1, 2007 marked the beginning of Indiana Secretary of State Todd Rokita's second term in office – a term dedicated to clearing a path for continued economic growth in Indiana and building on first-term accomplishments.more info » |
INvest : Securities DivisionProsecution Assistance UnitAbout the Prosecution Assistance UnitThe Prosecution Assistance Unit was created within the Enforcement Section of the Securities Division to assist law enforcement agencies in prosecuting white collar criminals. Currently the unit includes two attorneys and two investigators devoted exclusively to the enforcement of the criminal provisions of the Indiana Securities Act, the Indiana Loan Broker Act and related statutes. The Unit operates under the direction and supervision of the Securities Commissioner and the Senior Investigator. PAU Home pageAbout the Indiana Loan Broker ActThe Indiana Loan Broker Act (IC 23-2-5) requires the licensing of those people and companies who act as intermediaries between lenders and borrowers. The Act regulates the activities of loan brokers and originators. A knowing violation of the Indiana Loan Broker Act is a Class D felony punishable by imprisonment for a fixed term of between six (6) months and three (3) years (the advisory sentence being one and one-half (1 1/2 years) and a fine of not more than ten thousand dollars ($ 10,000). |