All: Regulatory Activity

Notice of Request for Public Comments Regarding a Proposed Statement of Policy on the Use of Electronic Offering Documents and Electronic Signatures

May 2, 2016 The Corporation Finance Section of the North American Securities Administrators Association (NASAA) is requesting public comments on a proposed Statement of Policy Regarding Use of Electronic Offering Documents and Electronic Signatures. Comments are due by June 1, 2016. Download > Notice of Request for Public Comment Note: After the comment period has closed, […]

NASAA Proposals, Regulatory Activity, Request for Comment Read more

NASAA Requests for Public Comments

The Corporation Finance Section of the North American Securities Administrators Association (NASAA has posted notices requesting public comments on a proposed new multistate Form U-1 and a revised Form U-2. The Section also seeks public comments on proposed revisions to the following NASAA Corporation Finance Statements of Policy: Preferred Stock; Promoter’s Equity Investment; Specificity In Use of Proceeds; and Unequal […]

NASAA Proposals, Regulatory Activity, Request for Comment Read more

Vermont Department of Financial Regulation Securities Division Seeks Public Comment

The Vermont Department of Financial Regulation, Securities Divisions is seeking public comment on Securities Rule No. S-2016-01. This rule establishes a comprehensive set of regulations to govern the sale of securities in the State of Vermont. Chapter 1 establishes authority and definitions; Chapter 2 lists all materials incorporated by reference; Chapter 3 provides for the registration of […]

Regulatory Activity, State Rule Proposals Read more

Notice of Request for Public Comment Regarding a Proposed NASAA Model Rule and Uniform Notice Filing Form for Regulation A – Tier 2 Offerings

January 27, 2016 The Corporation Finance Section of the North American Securities Administrators Association (NASAA) is requesting public comments on a proposed model rule and uniform notice filing form. The model rule requires a notice filing for issuers utilizing the Regulation A – Tier 2 exemption in those states in which sales are made. The uniform notice filing […]

NASAA Proposals, Regulatory Activity, Request for Comment Read more

Nebraska Department of Banking and Finance Issues Notice of Rulemaking Hearing

The Nebraska Department of Banking and Finance has issued a notice of rulemaking hearing. The Department is proposing the adoption of new rules related to the small intrastate offering exemption, crowdfunding, integration of offerings, and an exclusion from the definition of “investment adviser” for advisers to certain private funds. A public hearing on the proposals […]

Read more

Notice of Request for Comments Regarding a Proposed Franchise Commentary on Financial Performance Representations

October 1, 2015 NASAA’s Franchise and Business Opportunity Project Group  is releasing for internal and public comment a Proposed Franchise Commentary on Financial Performance Representations. Download > Notice of Request for Comments Regarding a Proposed Franchise Commentary on Financial Performance Representations NASAA Comment Period The NASAA comment period is from October 1, 2015 to November […]

Read more

Notice of Request for Comments Regarding NASAA’s Proposed Model Legislation of Regulation to Protect Vulnerable Adults from Financial Exploitation

September 29, 2015 The Board of Directors of the North American Securities Administrators Association, Inc. (“NASAA”) is seeking comment on proposed model legislation to protect vulnerable adults from financial exploitation. As explained more fully below, the proposed Model Act gives industry participants and state regulators new tools to help detect and prevent financial exploitation of […]

Read more

Washington Securities Division Adopts Final Rule to Require Notice Filings for Tier 2 Securities Offerings Under Regulation A

On September 17, 2015, the Washington Securities Division announced that it had adopted a final rule to require notice filings in connection with Tier 2 securities offerings under federal Regulation A.  The Rule-Making Order (Form CR-103) and the text of the final rule were filed on September 16, 2015 with the Office of the Code Reviser […]

Read more

Washington Securities Division Seeks Comments on Proposed Rules to Require Notice Filings in Connections with Tier 2 Securities Offerings Under Federal Regulation A

Comments should be submitted by September 9, 2015.

Read more

Notice of Request for Additional Comments Regarding a Proposed NASAA Model Rule Exemption Certain Merger and Acquisition Brokers from State Registration

The North American Securities Administrators Association is requesting additional comments to its proposed uniform state model rule regarding the exemption of certain merger and acquisition brokers from registration as “brokers,” “dealers,” “agents,” and/or “broker-dealers” pursuant to state securities laws. The NASAA comment period is from April 16, 2015 to May 17, 2015. Download Notice of […]

Read more