§ 230.152 Definition of “transactions by an issuer not involving any public offering” in section 4(2), for certain transactions.  


Latest version.
  • The phrase transactions by an issuer not involving any public offering in section 4(a)(2) (48 Stat. 77, sec. 203(a), 48 Stat. 906; 15 U.S.C. 77d) shall be deemed to apply to transactions not involving any public offering at the time of said transactions although subsequently thereto the issuer decides to make a public offering and/or files a registration statement.

    [2 FR 1076, May 26, 1937, as amended at 30 FR 2022, Feb. 13, 1965; 78 FR 44770, July 24, 2013]

    Cross Reference: For regulations relating to registration statement, see §§230.400-230.494.