The Legal Section of the Arkansas Securities Department includes a general counsel and a staff of six attorneys who represent the Department in all litigation and enforcement actions and are responsible for analyzing legislation, promulgating regulations, and responding to requests for interpretive opinions from licensees and the public. On this page, you’ll find important information about acts, policies, rules, orders, legal opinions, and more.
Acts
The acts enforced by the Arkansas Securities Department.
Rules
The rules promulgated by the Arkansas Securities Department.
Proposed Rules
Current proposed amendments to the statues and rules and recently enacted statutory amendments and adopted rules.
Orders
EzyRemit Worldwide Inc.
03/06/2026
A Cease and Desist Order directing EzyRemit Worldwide Inc. to immediately cease and desist from all money transmitter activity in Arkansas until properly licensed.
NewEraEducation.com
03/05/2026
A Cease and Desist Order directing NewEraEducation.com Worldwide Inc. to immediately cease and desist from all money transmitter activity in Arkansas until properly licensed.
Etorort.com
02/11/2026
A Cease and Desist Order directing Etorort.com to immediately cease and desist from all money transmitter activity in Arkansas until properly licensed.
Pleadings
EzyRemit Worldwide Inc.
03/04/2026
A Request for Cease and Desist Order directing EzyRemit Worldwide Inc. to immediately cease and desist from all money transmitter activity in Arkansas until properly licensed.
NewEraEducation.com
03/04/2026
A Request for Cease and Desist Order directing NewEraEducation.com to immediately cease and desist from all money transmitter activity in Arkansas until properly licensed.
Etorort.com
02/11/2026
A Request for Cease and Desist Order directing Etorort.com to immediately cease and desist from all money transmitter activity in Arkansas until properly licensed.
Legal Opinions
ALCOVA Mortgage
06/19/2023
A request for the Department to issue a no action letter regarding compliance requirements of adverse action notices required by Ark. Code Ann. § 4-93-104(a)(4).
Hourly, Inc.
10/11/2022
A request for the Department to issue a no-action letter
concerning the claim of exemption from licensing
requirements contained in the Arkansas Money Services
Act for Hourly, Inc.
Green Bay Packers, Inc.
11/02/2021
A request for the Department to issue a no-action letter regarding the offering of shares of Green Bay Packers, Inc.‘s common stock.
Policies
Policy Statement Regarding Statement on Subprime Mortgage Lending
06/18/2008
Arkansas Securities Commissioner A. Heath Abshure has issued this Policy Statement to adopt the Statement on Subprime Mortgage Lending. The objective is to achieve uniformity in the regulation of the mortgage industry, whether the industry participants are federally insured or non-federally insured entities.
Policy Statement Regarding Requests for Informal Advice
06/17/2008
Arkansas Securities Commissioner A. Heath Abshure has issued this Policy Statement to provide procedures on how to request informal advice from the Department.