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Committee approves SB 82 to raise operational cap for investor-education fund
Senate Economic Development and Workforce Services Standing Committee · January 23, 2026
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Summary
The committee recommended SB 82, which would raise the operational cap on the Securities Investor Education, Training and Enforcement Fund so the Division of Securities can plan multi-year education campaigns and cover rising investigation costs, Robert Cummings said.
Senate Bill 82 received a favorable committee recommendation after Robert Cummings, director of the Utah Division of Securities at the Department of Commerce, explained that the current $500,000 operational cap on the investor education and…
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