Section 11-205 – Filing of Sales and Advertising Literature
The Commissioner by rule or order may require the filing of any prospectus, pamphlet, circular, form letter, advertisement, or other sales literature or advertising communication, whether communicated in hard copy, electronic means, or otherwise, addressed or intended for distribution to prospective investors, including clients or prospective clients of an investment adviser, unless the security or […]
Section 11-206 – Administrative Files and Opinions
(a) A document is filed when it is received by the Commissioner. (b) (1) The Commissioner shall keep a register of every application for registration, every notice filing, and every registration statement which is or has ever been effective under this title and every denial, suspension, or revocation order which is entered under this title. (2) The register shall […]
Section 11-207 – Use or Disclosure of Information
(a) It is unlawful for the Commissioner or any of the officers or employees in the Division of Securities to use for personal benefit any information which is filed with or obtained by the Commissioner and which is not made public. (b) No provision of this title authorizes the Commissioner or any of his officers or employees […]
Section 11-208 – Securities Act Registration Fund
(a) In this section, “Fund” means the Securities Act Registration Fund. (b) There is a Securities Act Registration Fund. (c) The purpose of the Fund is to help fund the direct and indirect costs of administering and enforcing the Maryland Securities Act. (d) The Commissioner shall administer the Fund. (e) (1) The Fund is a special, nonlapsing fund that is not […]