Statutes > Arkansas Statutes > Title 23 - Public Utilities and Regulated Industries > Subtitle 2 - Financial Institutions And Securities > Chapter 42 - Securities Generally > Subchapter 2 - Administration > § 23-42-201 - Administration by Securities Commissioner -- Conflicts of interest.

§ 23-42-201 - Administration by Securities Commissioner -- Conflicts of interest.

23-42-201. Administration by Securities Commissioner -- Conflicts of interest.

(a) This chapter shall be administered by the Securities Commissioner, who shall be appointed by the Governor and who shall serve at the pleasure of the Governor.

(b) No person shall serve in the State Securities Department in any capacity who engages in any activities regulated under the provisions of this chapter.