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Virginia Securities Law Questions & Answers
1 Answer | Asked in Banking, Business Formation, Business Law and Securities Law for Virginia on
Q: Does a company need to register as a financial advisor if partners or members are only buying/selling securities?

Wanted to know because I'm looking to open a partnership or llc. No financial advice will be given to partners or members. One person would do all the transactions on behalf of company. This is for investment purposes.

Robert W. Pearce
Robert W. Pearce answered on Oct 8, 2020

If the transactions are by the Managing Member or General Partner for and only on behalf of the company in only its private securities account and the company is not in the business of just buying and selling securities as a Broker or Dealer then in my opinion no registration would be required.

1 Answer | Asked in Criminal Law, Civil Rights, Intellectual Property and Securities Law for Virginia on
Q: Is it illegal to destroy and tamper with surveillance
Timothy John Billick
Timothy John Billick answered on Oct 6, 2020

Most likely yes. It would depend largely on the purpose for such destruction/tampering.

1 Answer | Asked in Securities Law for Virginia on
Q: If an advisor gets suspended from FINRA for 60 days and another advisor will be taking their place, can they receive

the advisors trails to operate the business?

Bruce Alexander Minnick
Bruce Alexander Minnick answered on Aug 28, 2019

What are "advisor trails"?

1 Answer | Asked in Landlord - Tenant and Securities Law for Virginia on
Q: Can a rental apartment complex demand copy of my new born child birth certificate and social security nunber?
F. Paul Maloof
F. Paul Maloof answered on Sep 30, 2017

To the best of my knowledge, a landlord or the managing agent has no right under the Virginia Code to demand the documents that you described, unless that right is stated in the lease that you signed.

1 Answer | Asked in Securities Law for Virginia on
Q: What can I do to get my money back from Private Shares in company I invested. (Not publicly traded)

I bout 440 shares in this company almost 10 years ago now. I have the share certificate. I have called repeatedly and asked for information, financials, and they never answer or return any of my calls. I am tired of getting the run around. I have provided my contact information (phone, address)... Read more »

Adam Savett
Adam Savett answered on Apr 15, 2013

You should discuss the situation with a lawyer that specializes in securities law. Many will offer free initial consultations, and they can give a more in depth answer since you will be able to share more details with them than this process allows.

The answer should be in documents you...
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