(a)
Except as specified in subsection (b), registration by qualification shall be
initiated by filing all of the following with the Department:
(1) A registration statement and other
materials required under section 206(b)(1)-(16) of the act (70 P.S. §
1-206(b)(1)-(16)).
(2) A properly executed Uniform Application
to Register Securities (Form U-1) and relevant exhibits.
(3) Additional information the Department may
by regulation or order require under section 206(b)(17) of the
act.
(b) In addition to
the information and form required under subsection (a), issuers in the
following offerings shall execute and file with the Department Form R as set
forth in §
205.021 (relating to registration
by coordination):
(1) Offerings made in
reliance on section 3(a)(4) of the Securities Act of 1933 (15 U.S.C.A. §
77c(a)(4)).
(2) Offerings made in reliance on section
3(a)(11) of the Securities Act of 1933.
(3) Offerings made in reliance on Rule 504 of
Regulation D promulgated under section 3(b) of the Securities Act of
1933.
(4) Offerings made in
reliance on Regulation A promulgated under section 3(b) of the Securities Act
of 1933.
(c) Financial
statements used in connection with an offering under section 206 of the act
must meet the requirements of section 609(c) of the act (70 P.S. §
1-609(c)) and Chapter 609
(relating to regulations, forms and orders) or as the Department
requires.
(d) During the period of
the offering, the issuer required to file Form R shall take steps necessary to
ensure that all material information contained in its Form R remains current
and accurate. If a material statement made in the form or any attachment
thereto becomes incorrect or inaccurate, the issuer shall file an amendment
with the Department in accordance with §
609.011 (relating to amendments to
filings with Department) within 5 business days of the occurrence of the event
which required the filing of the amendment.
