Michigan Active Issuer Agents are individuals or entities who are licensed by the State of Michigan to act as agents on behalf of those who issue securities. They facilitate the sale of securities, provide disclosure documents, and ensure that all securities laws are followed. Active Issuer Agents in Michigan are divided into two categories: Special Agents and Super Agents. Special Agents are licensed to represent one issuer, whereas Super Agents are licensed to represent multiple issuers. Both types of Agents are responsible for registering securities with the Michigan Department of Licensing and Regulatory Affairs in order to comply with state securities laws. They also provide a variety of services, such as conducting background checks, providing legal advice, and handling financial transactions.