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To view the different Illinois securities laws, Illinois lawyers, which includes Chicago lawyers, refer to the Illinois Complied Statutes 815 ILCS 5/ - Illinois Securities Law of 1953. Illinois law, including Chicago law, provides the following rules on telephone solicitations.

(815 ILCS 5/8b) Sec. 8b. Telephone solicitation.

(a) A telephone solicitor may not make an unsolicited telephone call to a natural person who does not have a previously existing account relationship with the telephone solicitor unless:

• (1) immediately after making contact with the natural person to whom the call is made the telephone solicitor identifies himself or herself by name, identifies the dealer, investment adviser, or other person on whose behalf the telephone solicitor is calling, and states the purpose of the call; and
• (2) the telephone solicitor makes the telephone call after 12:00 noon and before 9:00 p.m. on a Sunday or after 9:00 a.m. and before 9:00 p.m. on a weekday or a Saturday, as determined in the Central Time Zone.
• (b) The Secretary of State may adopt rules or regulations necessary to implement or enforce this Section.
• (c) A telephone solicitor subject to this Section who makes unsolicited telephone calls shall implement in-house systems and procedures to ensure that every effort is made to not call persons who ask not to be called by the telephone solicitor again.

We know many experienced Illinois securities lawyers who have had success with shareholder disputes, stock fraud, conversion of funds and other matters of Illinois law with respect to securities. Many of these lawyers are Chicago attorneys as a lot of the Arbitration hearings happen in Chicago and it is helpful for these Chicago attorneys to be near the Board of Trade and Mercantile Exchange. If you would a referral to a great Illinois lawyer for securities disputes please contact us.

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