Md. Code Regs. 02.02.01.01

Current through Register Vol. 51, No. 24, December 2, 2024

Section 02.02.01.01 - Definitions

A. As used in the Maryland Securities Act and in this subtitle, the following terms have the meanings indicated.

B. Terms Defined.

(1) "Commissioner" means the Maryland Securities Commissioner or the designated agent of the Maryland Securities Commissioner.

(2) "CRD" means the Central Registration Depository System.

(3) "Division" means the Division of Securities in the Office of the Attorney General.

(4) "FINRA" means the Financial Industry Regulatory Authority.

(5) "Maryland Business Opportunities Sales Act" and "Business Opportunities Act" mean Business Regulation Article, Title 14, Subtitle 1, Annotated Code of Maryland.

(6) "Maryland Franchise Registration and Disclosure Law" and "Maryland Franchise Law" mean Business Regulation Article, Title 14, Subtitle 2, Annotated Code of Maryland.

(7) "Maryland Securities Act" means Corporations and Associations Article, Title 11, Annotated Code of Maryland.

(8) "NASAA" means the North American Securities Administrators Association, Inc.

(9) "SEC" means the Securities and Exchange Commission.

(10) "Self-regulatory organization" or "SRO" means a national securities or commodities exchange, or an association or clearing agency that is registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission.

Md. Code Regs. 02.02.01.01

Regulations .01 adopted effective January 17, 1994 (21:1 Md. R. 26)
Regulation .01B amended effective June 15, 1998 (25:12 Md. R. 944)