Secretary of State - Prosecution Assistance Unit

Indiana Secretary of State: Todd Rokita

Home | Forms | Online Services | En Español

News

June 20, 2008
Secretary of State Statement on New Photo ID Lawsuit [view]
June 17, 2008
Rokita Advises the Federal Election Assistance Commission on Reform Issues [view]
May 29, 2008
Bloomington Attorney Charged in Securites Scam [view]

More news »

About Secretary Rokita

January 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 Division
Indiana Investment Watch | File a Complaint | Search Database

Prosecution Assistance Unit

About the Prosecution Assistance Unit

The 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 page

About the Indiana Securities Act

The Indiana Securities Act (IC 23-2-1) requires the registration of securities offered and sold in Indiana as well as the persons offering and selling securities or investment advice.

The term "security" is broadly defined in the Act. It is more than just stocks or bonds. A security can include promissory notes, investment contracts, and interests in limited liability companies, to name just a few.

A knowing violation of the Indiana Securities Act is a Class C felony punishable by imprisonment for a fixed term of between two (2) and eight (8) years, (the advisory sentence being four (4) years) and a fine of not more than ten thousand dollars ($10,000).

A violation of the Indiana Securities Act is a predicate offense under the Racketeer Influenced and Corrupt Organizations statute Ind. Code (IC 35-45-6-1, et. seq.), a Class C felony.