Statutes, codes, and regulations
Iowa Administrative Code
Agency 191 - INSURANCE DIVISIONSECURITIES
Chapter 50 - REGULATION OF SECURITIES OFFERINGS AND THOSE WHO ENGAGE IN THE SECURITIES BUSINESS
Rule 191-50.86 - Denial, suspension, revocation, condition, or limitation of limited offering transaction exemption

Iowa Admin. Code r. 191-50.86

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Current through Register Vol. 47, No.14, January 8, 2025
Rule 191-50.86 - Denial, suspension, revocation, condition, or limitation of limited offering transaction exemption

The administrator shall view the following as reasons for entering an order under Iowa Code section 502204. to deny or revoke an exemption provided under Iowa Code section 502202(14).:

1. A public advertisement is used to promote the sale of securities for which such exemption is claimed; or
2. The offering is part of a registered offering under the Securities Act of 1933. This rule is intended to implement Iowa Code section 502204..

Iowa Admin. Code r. 191-50.86