The administrator may by regulation or order establish requirements for or require the filing of a prospectus, a pamphlet, a circular, a form letter, an advertisement, or other sales literature or advertising communication addressed or intended for distribution to prospective investors, clients, or prospective clients by an issuer, a state investment adviser, a federal covered adviser, or a broker-dealer, unless
(1) the security or transaction is exempt under AS 45.55.900 and the applicable provision of that section does not place a limitation on sales and advertising literature;
(2) the security is a federal covered security; or
(3) the broker-dealer, state investment adviser, or federal covered adviser is exempt or excluded from the requirements of this section under this chapter or federal law.
Section: Previous 45.55.130 45.55.138 45.55.139 45.55.140 45.55.150 45.55.155 45.55.160 45.55.170 45.55.180-45.55.260 45.55.265 45.55.270 NextLast modified: November 15, 2016