Summaries of Proposed Rules

The following are summaries of proposed rules that the Missouri Secretary of State’s office has submitted for publication in the Missouri Register. These rules will not go into effect until the public has had an opportunity to submit written comments and to attend a public hearing if one is scheduled.

Any person may offer comments on a proposed rule. The instructions for submitting comments are located after the text of each rule. Please note that the official text of a proposed rule is the version that appears in the Missouri Register, not the draft copy on this site. Please refer to the official copy if you wish to submit comments.

Proposed Rules Summary Fiscal Note(s) Small Business Impact Statement Link to Missouri Register Division

15 CSR 30-51.170

Dishonest or Unethical Business Practices by Broker-Dealers and Agents

 This proposed amendment deletes section (3) in order to be consistent with existing case law. PUBLIC COST: This proposed amendment will not cost state agencies or political subdivisions more than five hundred dollars ($500) in the aggregate.

PRIVATE COST: This proposed amendment will not cost private entities more than five hundred dollars ($500) in the aggregate.

 This proposed rule does not have an adverse impact on small businesses. Missouri Register Securities

15 CSR 30-51.172

Dishonest or Unethical Business Practices by Investment Advisers and Investment Adviser Representatives

 This proposed amendment deletes section (3) in order to be consistent with existing case law. PUBLIC COST: This proposed amendment will not cost state agencies or political subdivisions more than five hundred dollars ($500) in the aggregate.

PRIVATE COST: This proposed amendment will not cost private entities more than five hundred dollars ($500) in the aggregate.

 This proposed rule does not have an adverse impact on small businesses. Missouri Register Securities

15 CSR 30-50.030

Fees

 This proposed amendment clarifies that the amount for filing a renewal registration for a Regulation A-Tier 2 offering is $100. PUBLIC COST: This proposed amendment will not cost state agencies or political subdivisions more than five hundred dollars ($500) in the aggregate.

PRIVATE COST: This proposed amendment will not cost private entities more than five hundred dollars ($500) in the aggregate.

 This proposed rule does not have an adverse impact on small businesses. Missouri Register Securities

15 CSR 30-54.205

Notice Filing Requirements for Regulation A—Tier 2 Offering

 This proposed amendment clarifies the process for filing a renewal for a Regulation A—Tier 2 Offering. PUBLIC COST: This proposed amendment will not cost state agencies or political subdivisions more than five hundred dollars ($500) in the aggregate.

PRIVATE COST: This proposed amendment will not cost private entities more than five hundred dollars ($500) in the aggregate.

 This proposed rule does not have an adverse impact on small businesses. Missouri Register Securities

 

 *These rules may vary slightly from those on the Missouri Secretary of State’s Administrative Rules website as Administrative Rules may make grammar, spelling, date and citation changes. The rules on the Administrative Rule’s website shall take precedent over the rules posted here.