Utah Admin. Code R164-9-3b - MJDS - Review Period
(A) Authority
and purpose
(1) The Division enacts this rule
under authority granted by Subsection
61-1-9(6) and
Section 61-1- 24.
(2) This rule
provides a shorter review period for registration statements filed by Canadian
issuers with the Division under Section 61-1-9 and with the SEC under its
multijurisdictional disclosure system.
(B) Definitions
(1) "Division" means the Division of
Securities, Utah Department of Commerce.
(2) "MJDS" means the multijurisdictional
disclosure system with Canada as adopted by the SEC in Securities Act Release
No. 6902, effective July 1, 1991.
(3) "SEC" means the United States Securities
and Exchange Commission.
(C) Review period
(1) The 20 working day disclosure statement
filing requirement set forth in Subsection
61-1-9(3)(b)
shall be reduced to seven working days for a registration statement filed with
the Division and with the SEC under MJDS on SEC Forms F-7, F-8, F-9 or F-10,
Securities Act of 1933 Release No. 6902, effective July 1, 1991, 56 F.R. 30036;
amended in Securities Act of 1933 Release No. 6902A, effective July 1, 1991, 57
F.R. 10614, which are available from the SEC.
Notes
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