Exemption for Reporting Company Securities

PURPOSE: This rule prescribes the circumstances under which certain transactions in securities of reporting companies are exempted from the registration requirements of the Missouri Securities Act of 2003. (1) The exemption specified in section 409.2-202(4) of the Missouri Securities Act of 2003 shall be available only when the reports filed under Section 13 of the Securities Exchange Act of 1934 have been on file for a period of not less than ninety (90) days prior to the transaction. AUTHORITY: sections 409.2-202(4) and 409.6-605, RSMo Supp. 2003.* Original rule filed Jan. 14, 1987, effective June 11, 1987. Emergency amendment filed Aug. 19, 2003, effective Sept. 12, 2003, expired March 9, 2004. Amended: Filed Aug. 27, 2003, effective Feb. 29, 2004. *Original authority: 409.2-202, RSMo 2003; 409.6-605, RSMo 2003.