With respect to offerings registered with the Securities and Exchange Commission under the Securities Act of 1933, as amended and qualified with the Commissioner by coordination, a prospectus which is part of a registration statement which has been declared effective by said Commission shall be deemed to comply with all requirements as to form of this Rule; provided, however, that the Commissioner reserves the right to require additional disclosure of substance in his discretion.

Note: Authority cited: Section 25610, Corporations Code. Reference: Section 25140, Corporations Code.

History

1. Editorial correction adding Note filed 11-8-82 (Register 82, No. 46).