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Herrick K. Lidstone, Jr. Reappointed to
The Colorado Securities Board for Fourth Consecutive Term

 

Denver, CO – November 3, 2008 – Burns, Figa & Will, P.C., announced today that senior partner, Herrick K. Lidstone, Jr. has been reappointed to the Colorado Securities Board. Lidstone Jr. was first appointed to this oversight board by Colorado Governor Bill Owens in July 1999, and reappointed by Governor Bill Ritter in July 2008 for a fourth consecutive term ending July 1, 2011

The Colorado Securities Board was created by legislation in 1994. The Board is comprised of five individuals, appointed by the Governor and approved by the Senate. The Securities Board is directed to provide oversight to the Securities Commissioner and to be available to advise the Securities Commission on issues affecting the Division of Securities and securities regulation in the state of Colorado.  The Securities Board is also empowered to conduct hearings on orders to show cause issued by the Securities Commissioner, to make recommendations regarding cease and desist orders the Securities Commissioner proposes to issue under §1151606(1.5), and to hear appeals from orders issued by the Division of Securities under §1151606(3)(e) and §1151606(4)(d). 

In January 2001, Lidstone testified before the Colorado House of Representatives Business Affairs and Labor Committee in favor of HB 01-1031, a bill to grant the Division of Securities cease and desist authority and again in December 2003 and January 2004 on the bills proposed to reauthorize the Division of Securities and the Securities Board.

Find out more about Herrick Lidstone here.

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Established in 1980, Burns, Figa & Will, P.C., (www.BurnsFigaWill.com) attorneys have provided exceptional legal services, practical business-focused solutions and individualized attention for our clients. While focusing in our primary areas, our attorneys maintain expertise in a broad range of specialized practice areas and subspecialties including:

• Business law and transactions
• Securities law
• Commercial litigation
• Environmental law
• Water law
• Real estate
• Estate planning
• Legal ethics