Section R339-11-1 - Authority, Scope, and Purpose(1) This rule is issued pursuant to Subsection 7-1-301(3).(2) This rule governs the type of securities brokerage service industrial loan corporations may offer.(3) The purpose of this rule is to allow securities activities limited to "discount brokerage" services by industrial loan corporations, similar to the discount brokerage services allowed state chartered banks.Utah Admin. Code R339-11-1