Corporate & Securities Law

By Jim Hamilton

Wisconsin Announces Annual Rules Revision

Wisconsin's 2010 annual rules revision primarily addresses investment adviser solicitation activities using language developed by the NASAA Investment Adviser Regulatory Policy and Review Project Group. The proposed rules are contained in two lengthy provisions.

Public hearing and comments. A copy of the Notice of Rule-Making Hearing, together with a Proposed Rule-Making Order containing the Public Comment Draft of the proposed rules in line-and strike form, may be reviewed and downloaded from the Division's Web page at http://www.wdfi.org/fi/securities and written comments regarding the proposed rules, or questions about the Division's internal processing of the proposed rules, should be submitted to the Department of Financial Institutions' Deputy General Mark Schlei at the Department of Financial Institutions, Office of the Secretary, P.O. Box 8861, Madison, WI 53708-8861, tel. (608) 267-1705, email mark.schlei@wisconsin.gov.

Substantive questions on the rule proposals should be directed to Randall Schumann, Attorney, Department of Financial Institutions, Division of Securities, P.O. Box 1768, Madison, WI 53701-1768, tel. (608) 266-3414, email randall.schumann@wisconsin.gov.

Comments must received by the June 28, 2010 hearing date, or alternatively, public hearing testimony may be provided at the rulemaking hearing.

Full post as published by Jim Hamilton's World of Securities Regulation on May 27, 2010 (boomark / email).