Arkansas Securities Department

Request no action position regarding the waiver of the Series 7 examination for an investment adviser representative.

Legal opinion regarding the requirement of a maintainer of a website or bulletin board, where mortgage loan brokers list property for free and lenders pay to access the website, to register as a loan broker.

The Department received a request that no enforcement action will be taken if State Street files notice filing forms with a typed signature in lieu of a manual signature.

Attorney presents six scenarios requesting advice on whether mortgage loan company registration is necessary or appropriate.

Request no-action position that Key Employee Stock Investment Program quailifies as employee stock purchase program even though plan does not qualify for federal income tax purposes as employee benefit plan.

Request no-action position that the exchange offer conforms to class vote exemption provided in Rule 504.01(A)(12)(g) of the Rules of the Arkansas Securities Commissioner.

Interpretation of § 18(b)(4)(A) of the Securities Act of 1933.

No action position taken by staff of the Department to enforce the broker-delaer registration requirements of the Act with respect to the Arkansas financial institutions which enter into the networking aggrangements with the financial network as described in the request.

Request that no enforcement action be taken for the demutualization of mutual life insurance company to stock life insurance company based on Rule 504.01(A)(12)(g) of the Rules of the Arkansas Securities Commissioner.

Request that no enforcement action be taken for the demutualization of mutual life insurance company to stock life insurance company based on Rule 504.01(A)(12)(g) of the Rules of the Arkansas Securities Commissioner.

Request that no enforcement action be taken for the issuance of common stock pursuant to a judicially approved class action settlement.

Request that no enforcement action be taken for the demutualization of mutual life insurance company based on Rule 504.01(A)(12)(g) of the Rules of the Arkansas Securities Commissioner promulgated under Ark. Code Ann. § 23-42-504(a)(12). (Request for confidential treatment granted) 

Denial of a no action request regarding registration as a broker-dealer or agent of the issuer pursuant to Ark. Code Ann. § 23-42-101(2)(A).

Request that no enforcement action be taken for the concering the offering of interest in a cattle mangement program. For ranchers and farmers that were already in the cattle business.

No action request concerning the sales of unites purchased soley for investment purposes pursuant to Ark. Code Ann. § 23-42-504(a)(9), Rule 504.01(a)(9)(A) and 206.01(A) of the Rules of the Arkansas Securities Commissioner.

Request for legal opinion on the Department's position regarding the propriety of payment by Milennium Capital Advisors, Inc. for the solicitation of customers.