Okla. Admin. Code § 660:11-9-34

Current through Vol. 41, No. 19, June 17, 2024

Section 660:11-9-34 - NASAA guidelines

(a)Application of guidelines. The Administrator in his discretion may apply any Statements of Policy or guidelines adopted by NASAA, or its successors, to a registration of securities pursuant to the Securities Act.

(b)Cross-reference sheet. Issuers, or interested persons on the issuer's behalf, shall prepare a cross-reference sheet setting out each section of the statement of policy or guideline applied by the Administrator pursuant to this rule, and reflecting the document and page numbers where compliance with each section of the statement of policy or guideline is disclosed. Any variance or failure to comply with particular sections of an applicable statement of policy or guideline shall be noted by the issuer or his attorney, and the reasons for the variance shall be fully stated.

(c)Waiver provisions. The Administrator in his discretion may waive any of the requirements of the statements of policy or guidelines upon written request of the registrant, if the Administrator finds that the requirement is not necessary to protect the public interest under the circumstances. Any such request shall be filed with the registration statement and shall indicate the reasons why the requirement is not necessary under the circumstances described in the registration statement.

Okla. Admin. Code § 660:11-9-34

Added at 21 Ok Reg 2532, eff 7-1-04