Ga. Comp. R. & Regs. R. 590-4-5-.05 - Plan Administrators - Exclusion from Broker-Dealer Definitions

Entities that administer the types of plans described in Section 10-5-11(21) of the Act on behalf of the entities described in Section 10-5-11(21) of the Act are excluded from the broker-dealer definition of Section 10-5-2(3) of the Act, unless they meet such definition by virtue of other activities or characteristics not strictly related to the administration of such plans.

Notes

Ga. Comp. R. & Regs. R. 590-4-5-.05

O.C.G.A. Secs. 10-5-2, 10-5-70, 10-5-74.

Original Rule entitled "Plan Administrators - Exclusion from Broker - Dealer Definitions" adopted. F. Nov. 18, 2011; eff. Dec. 8, 2011.