Alaska § 45.56.510 - Prohibited conduct in providing investment advice.
Full text of Alaska Alaska Statutes § 45.56.510 — Prohibited conduct in providing investment advice., with citation guidance and answers to common questions.
§ 45.56.510. Prohibited conduct in providing investment advice.
(a) A person that advises others for compensation, either directly or indirectly or through publications or writings, as to the value of securities or the advisability of investing in, purchasing, or selling securities or that, for compensation and as part of a regular business, issues or adopts analyses or reports relating to securities may not (1) employ a device, scheme, or artifice to defraud another person; or
(2) engage in an act, practice, or course of business that operates or would operate as a fraud or deceit on another person.
(b) A regulation adopted under this chapter may define an act, practice, or course of business of an investment adviser or an investment adviser representative, other than a supervised person of a federal covered investment adviser, as fraudulent, deceptive, or manipulative and may prescribe means reasonably designed to prevent investment advisers and investment adviser representatives, other than supervised persons of a federal covered investment adviser, from engaging in acts, practices, and courses of business defined as fraudulent, deceptive, or manipulative.
(c) A regulation adopted under this chapter may specify the contents of an investment advisory contract entered into, extended, or renewed by an investment adviser.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.56.510
What does Alaska Statutes § 45.56.510 cover?
Section 45.56.510 ("Prohibited conduct in providing investment advice.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 45.56.510?
A common citation format is "Alaska Statutes § 45.56.510" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 45.56.510 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.