Proposed Revisions to the Texas Securities Act

The Texas Securities Act recodification has been filed. The Legislative Council made material changes to the previous version to preserve the privity requirements. Any member of the Section or the Securities Committee that has comments on this draft of the recodification can contact John R. Fahy, chair of the Section's Securities Law Committee at Whitaker Chalk Swindle & Schwartz PLLC, 817.878.0547 (Direct).  Members can access John's analysis of the recodification HERE and a copy of the relevant provisions HERE.