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The Michigan Uniform Securities Act (MUSA), 2008 PA 551, provides for the regulation of all aspects of the securities industry under state authority. The Securities Section, of the Licensing Division, oversees the registration of individuals and entities that provide investment-related advice to Michigan residents, the Audit and Examination Division oversees the registration and exemption of products, and the Enforcement Division investigates complaints related to securities.

Securities sold in Michigan must be registered, or exempted from registration, under the MUSA. All persons or businesses that offer or sell securities in this state or advise (for a fee) on what securities should be bought or sold must be registered, or exempted from registration, under the MUSA.

The Corporations, Securities & Commercial Licensing Bureau is committed to educating and protecting Michigan investors and consumers while fostering efficient capital formation in Michigan.  The Bureau works closely and cooperatively with federal and state securities agencies, the North American Securities Administrators Association (NASAA), and self-regulatory organizations (SROs). 


• Crowdfunding - Things to Keep in Mind

• Intrastate Equity Crowdfunding

• Viatical Settlements

• ("Precious Metals, Foreign Currency Exchange and Commodity Pool Investments (U.S. Commodity Futures Trading Commission).")

• Issuing and Investing in Securities through Crowdfunding: Frequently Asked Questions

• Filing a Complaint with CSCL

• Enforcement

• Checking on a Company or Individual


• Industry / Registration Information

Acts, Orders & Rules

• Michigan Uniform Securities Act

• Living Care Disclosure Act

• Transition Orders

• Rules

Bulletins, Orders & Releases

• Enforcement Orders


• U.S. Securities and Exchange Commission (SEC)

• North American Securities Administrators Association (NASAA)

• Financial Industry Regulatory Authority (FINRA)

• U.S. Commodity Futures Trading Commission


• Michigan Department of Licensing & Regulatory Affairs

Corporations, Securities & Commercial Licensing Bureau

Mailing Address:
PO Box 30018
Lansing, MI 48909

Street Address:
(Please note: Mail/Packages should not be sent to this address) 
2501 Woodlake Circle
Okemos, MI 48864

Overnight Deliveries:
Corporations, Securities & Commercial Licensing
Securities Section
525 W. Allegan St.
Lansing,  MI 48909

 LARA Email

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