Request for interpretation of Ark. Code Ann. § 23-39-306(a)(2), exemption from registration for attorneys.
F.O. ADVERTISING, INC.
08/11/2000
Legal opinion that sole shareholder can rely on exemption for additional sales by existing issuer under Rule 504.01(a)(12)(i).
CLEARSKY
08/08/2000
Request no action position with respect to filing of sales reports for covered securities pursuant to Rule 509.01(A).
BMA FINANCIAL SERVICES, INC.
05/11/2000
Single case “exception” to the agent registration requirements of the Arkansas Securities Act.
MORTGAGE LOAN COMPANY & LOAN BROKER ACT
03/07/2000
Registration requirements for a web-based business based on the Arkansas Mortgage Loan Company and Loan Broker Act, § 23-39-101.
SOUTHERN STATES COOPERATIVE, INC.
02/14/2000
Request clarification that employees performing clerical functions are not required to register as agents. Individuals accepting offers and answering non-clerical inquiries will register as agents of the issuer.
ENERGY CO-OPPORTUNITY, INC.
01/04/2000
Request for an interpretive opinion that ECO’s membership of common stock does not constitute as a security pursuant to Ark. Code Ann. § 23-42-102(15).
GAUDIN & ASSOCIATES, INC. BROOKE INZERELLA
12/15/1999
Request no action position regarding the waiver of the Series 7 examination for an investment adviser representative.
ARKANSAS MORTGAGE LOAN BROKER LICENSING REQUIREMENTS
12/08/1999
Legal opinion regarding the requirement of a maintainer of a website or bulletin board, where mortgage loan brokers list property for free and lenders pay to access the website, to register as a loan broker.