All: Request for Comment

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 […]

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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 […]

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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 […]

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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 […]

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Notice of Request for Public Comment on a Proposed NASAA Model Rule Exempting Certain Merger and Acquisition Brokers from State Registration

The Broker-Dealer Section of the North American Securities Administrators Association (NASAA) is requesting comment for a 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. Download Background and Proposed NASAA Model Rule Exempting Certain Merger and Acquisition […]

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Notice of Request for Comment Regarding a Proposed Model Rule for the Electronic Filing of Form D and Other Securities Registration or Notice Filing Documents

The Electronic Filing Depository Committee of the North American Securities Administrators Association, Inc. (NASAA) is seeking comment on a proposed model rule to require the electronic filing of Form D and other state securities registration/notice filing materials. Download: EFD Model Rule Cover Memo and Rule Posted for Public Comment Comments are due on or before […]

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Notice of Request for Comment on Proposed Changes to Franchise Multi-Unit Commentary

NASAA’s Franchise and Business Opportunity Project Group (the “Franchise Project Group”) is re-releasing for public comment additional revisions to NASAA’s proposed Franchise Multi-Unit Commentary (the “Multi-Unit Commentary”). The 14-day public comment period is from June 16 to June 30, 2014. Accordingly, all comments should be submitted on or before June 30, 2014 by email or […]

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Notice of Request for Public Comment on Proposed Changes to Franchise Multi-Unit Commentary

NASAA’s Franchise and Business Opportunity Project Group (the “Franchise Project Group” or “Project Group”) is rereleasing for public comment proposed revisions to NASAA’s proposed Multi-Unit Commentary. The public comment period is from April 15 to May 16, 2014.  Accordingly, all comments should be submitted on or before May 16, 2014 by email or in writing […]

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Notice of Request for Public Comment: Proposed Coordinated Review Program for Section 3(b)(2) Offerings

October 30, 2013 — The Board of Directors of the North American Securities Administrators Association, Inc. (NASAA) has authorized release for public comment the accompanying materials regarding a new proposed coordinated review program for offerings exempt from registration federally under Section 3(b)(2) of the Securities Act of 1933. Section 3(b)(2) of the Securities Act of […]

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Notice of Request for Public and Internal Comment on Proposed Franchise Multi-Unit Commentary

The Board of Directors of the North American Securities Administrators Association, Inc. (NASAA) has authorized the release, for both public and internal comment, of a  proposed Multi‐Unit Commentary related to state franchise disclosure laws. The proposal defines certain multi‐unit franchising arrangements that have become common in franchising and provides guidance for disclosing those arrangements in franchise disclosure documents.  […]

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