Arkansas Securities Department

Request that no enforcement action be taken against Ace Cash Express, Inc. for engaging in certain activities, including a debit card program, without being licensed under the Arkansas Sale of Checks Act, Ark. Code Ann. § 23-41-101.

Request for no action to enforce registration provisions of the Arkansas Securities Act with respect to the sale of common stock of H.M.I. Recycling & Disposal, Inc under Rule 504.01(a)(12)(k).

Request for the Department to consider "depository institution agent receivables" from "federally regulated depository institutions" as permissible investments according to Ark. Code Ann. § 23-41-117(b)(1) or Ark. Code Ann. § 23-41-117(b)(2)(H).

Request that no action be taken to enforce the registration provisions of the Arkansas Securities Act, Ark. Code Ann. § 23-42-101 as they pertain to the issuance of Liquid Facility Obligations and provide exemption under Ark. Code Ann. § 23-42-503(a)(1)(A).

Response to question pertaining to whether the provisions of Ark. Code Ann. § 23-42-503(a)(3) exempting from Ark. Code Ann. § 23-42-501 and 502 regarding any security issued by and representing an interest in or a debt of any bank organized under the laws of the United States.

Request for guidance concerning the issuance of membership interests in Big Cypress Land & Timber Company, LLC.  Also, a request for a No-Action Position on the issuance of the membership interests based on Ark. Code. § 23-42-102(15).