Wisconsin · Through 2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)

Wis. Stat. § 200.57: Minority financial advisers and investment firms and disabled veteran-owned businesses.

(1) In this section:
(a) “Disabled veteran-owned financial adviser” and “disabled veteran-owned investment firm” mean a financial adviser and investment firm, respectively, certified by the department of administration under s. 16.283 (3).
(b) “Minority financial adviser” and “minority investment firm” mean a financial adviser and investment firm, respectively, certified by the department of administration under s. 16.287 (2).
(2) The commission shall attempt to ensure that 5 percent of the total funds expended for financial and investment analysis and for common stock and convertible bond brokerage commissions in each fiscal year is expended for the services of minority financial advisers or minority investment firms.
(3) The commission shall make efforts to ensure that at least 1 percent of the total funds expended for financial and investment analysis and for common stock and convertible bond brokerage commissions in each fiscal year is expended for the services of disabled veteran-owned financial advisers or disabled veteran-owned investment firms.

Where this section sits in the code

Chs. 178-226, Partnerships and Corporations; Transportation; Utilities; Banks; Savings Associations
Chapter 200 Metropolitan Sewerage Districts
SUBCHAPTER II DISTRICTS INCLUDING 1ST CLASS CITIES

(1) In this section:

(a) “Disabled veteran-owned financial adviser” and “disabled veteran-owned investment firm” mean a financial adviser and investment firm, respectively, certified by the department of administration under s. 16.283 (3).

(b) “Minority financial adviser” and “minority investment firm” mean a financial adviser and investment firm, respectively, certified by the department of administration under s. 16.287 (2).

(2) The commission shall attempt to ensure that 5 percent of the total funds expended for financial and investment analysis and for common stock and convertible bond brokerage commissions in each fiscal year is expended for the services of minority financial advisers or minority investment firms.

(3) The commission shall make efforts to ensure that at least 1 percent of the total funds expended for financial and investment analysis and for common stock and convertible bond brokerage commissions in each fiscal year is expended for the services of disabled veteran-owned financial advisers or disabled veteran-owned investment firms.

Collected 2026-09-05T12:01:06Z. Source file · JSON

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