The North American Securities Administrators Association (NASAA) is inaugurating a new electronic filing system to receive, transmit, and store Rule 506 notice filings. The proposed system is called the Electronic Filing Depository (EFD) and will process both the aforementioned filings, as well as the fee payments accompanying them. This amendment: 1) authorizes the EFD to receive filings on behalf of the Division; 2) establishes EFD as the sole authorized channel for making Rule 506 notice filings; and 3) requires the Division to give 30-days notice prior to ceasing to accept Rule 506 notice filings by other means. The Utah Securities Commission has reviewed and approved this amendment.