Ohio Admin. Code 3307-1-06 - Ohio-qualified agents and investment managers

(A) For purposes of division (A)(4) of section 3307.152 and section 3307.154 of the Revised Code, an investment manager may be designated as an "Ohio-qualified investment manager" if the investment manager and/or any parents, affiliates, or subsidiaries of the investment manager meets the requirements of divisions (A)(1) and (A)(2) of section 3307.154 of the Revised Code.

(B) For purposes of section 3307.154 of the Revised Code, "principal place of business" includes an office in which the agent or investment manager regularly provides securities or investment advisory services and solicits, meets with, or otherwise communicates with clients.

(C) For purposes of division (E)(4) of section 3307.152 of the Revised Code and division (C)(4) of section 3307.154 of the Revised Code, "compensation" shall mean the commissions paid on equity securities transactions and the cost or proceeds on fixed income securities transactions.

Notes

Ohio Admin. Code 3307-1-06

Five Year Review (FYR) Dates: 2/18/2022 and 02/18/2027
Promulgated Under: 111.15
Statutory Authority: 3307.10
Rule Amplifies: 3307.152, 3307.154
Prior Effective Dates: 05/05/2005, 06/02/2013, 06/04/2017

Effective: 6/4/2017
Five Year Review (FYR) Dates: 03/17/2017 and 06/04/2022
Promulgated Under: 111.15
Statutory Authority: 3307.10
Rule Amplifies: 3307.152, 3307.154
Prior Effective Dates: 5/5/05, 6/2/13