Wednesday, January 21, 2009

Ohio Adopts Electronic Filing Procedures for Investment Company and Rule 506 Issuers

Federally-registered investment companies (or those investment companies having filed a registration statement under the Investment Company Act of 1940), and issuers intending to make a securities offering under Rule 506 of federal Regulation D, may file electronically a Form NF, Uniform Investment Company Notice Filing, or Form D, Notice of Sale of Securities Pursuant to Regulation D, respectively. A Form U-2, Uniform Consent to Service of Process, must be filed if required by Ohio statutory section 1707.11. A typed signature is accepted in place of a manual signature. Fee payments must be transferred through the automated clearing housenetwork in cash concentration or disbursement entry format by fedwire transfer. Electronic filings may be submitted Monday through Friday from 8:00 a.m. through 5:00 p.m. eastern standard time and are considered upon receipt of the required forms and fees. Amendments to a previously submitted electronic filing must include the file number assigned by the Securities Division, and additional fees to amend a previously submitted electronic filing must be transferred through the automated clearing house network in cash concentration or disbursement entry format by fedwire transfer.

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