DAR File No.: 36542
Filed: 07/25/2012 09:44:34 AMNOTICE OF REVIEW AND STATEMENT OF CONTINUATION
Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:
Section 61-1-15.5 governs federal covered securities and states that the division may, by rule or order, require filing of documents relating to federal covered securities. Section 61-1-24 allows the division to make rules when necessary to carry out the provisions of the chapter.
Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:
No comments have been received.
Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:
This rule should be continued as it prescribes the notice filing procedures authorized by Section 61-1-15.5. The operation of this rule helps to ensure that the division receives notice of federal covered securities offered to residents of this state.
The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:
Commerce
Securities
HEBER M WELLS BLDG
160 E 300 S
SALT LAKE CITY, UT 84111-2316Direct questions regarding this rule to:
- Benjamin Johnson at the above address, by phone at 801-530-6134, by FAX at 801-530-6980, or by Internet E-mail at bnjohnson@utah.gov
Authorized by:
Keith Woodwell, Director
Effective:
07/25/2012
Document Information
- Effective Date:
- 7/25/2012
- Publication Date:
- 08/15/2012
- Filed Date:
- 07/25/2012
- Agencies:
- Commerce,Securities
- Authorized By:
- Keith Woodwell, Director
- DAR File No.:
- 36542
- Related Chapter/Rule NO.: (1)
- R164-15. Federal Covered Securities.