The North Dakota Securities Department is responsible for the enforcement of the North Dakota securities laws (N.D.C.C. 10-04) that protect citizens from dishonest investment practices, and regulate the people and companies offering investment opportunities. The Securities Department takes investment fraud very seriously and works diligently to prevent it. We investigate hundreds of complaints every year, and have helped many North Dakotans recover money from fraudulent schemes. We also work with local, state, and federal law enforcement agencies to bring promoters of fraud to justice.
If someone provides you with a “Too Good to be True” investment opportunity, it usually is too good to be true, and that person may be trying to con you; or, if you believe any part of a securities transaction is misrepresented, Contact Us to obtain information on How to File a Complaint.
Generally, all firms and individuals who sell securities as part of their business, or who charge fees for providing investment advice in the State of North Dakota must be registered with the North Dakota Securities Department. Not every firm or individual is granted an automatic registration. If the Department determines a firm or individual does not have a good business reputation and has had considerable complaints, we will not register them to do business in North Dakota.
We encourage people to Contact Us to verify registration before doing business with firms, agents, or investment advisers. We can also provide information regarding disciplinary and registration history.
The public may also check an agent’s registration on their own with easy access to BrokerCheck by FINRA, a free tool to research the background and experience of financial brokers, advisers and firms.
If you are a resident on the eastern side of North Dakota the Securities Department has investigators staffed at satellite offices in Grafton and Fargo for your convenience.