PURPOSE: This rule prescribes policies and procedures in determining the effectiveness of the registration of securities.

1. (1) The registration of securities, when effective as specified in section 409.302 or 409.303 of the Act, or when ordered under section 409.304 of the Act, is recorded in the register of securities qualified for sale pursuant to the provisions of the Act (section 409.414(b), RSMo). A certificate attesting to the registration will be furnished to the applicant.
2. (2) A proceeding is pending under section 409.306 of the Act, for the purpose of deferring effectiveness of registration by notification (section 409.302(c), RSMo) or of registration by coordination (section 409.303(c), RSMo), from the date of any order for proceeding issued by the commissioner.

AUTHORITY: sections 409.302(c), 409.303(c), 409.304(c), 409.305(h) and 409.413(a), RSMo (1986).* Original rule filed June 25, 1968, effective Aug. 1, 1968. Amended: Filed May 21, 1969, effective Aug. 1, 1969. Amended: Filed July 21, 1972, effective Aug. 1, 1972. Amended: Filed Nov. 15, 1974, effective Nov. 25, 1974.

*Original authority: 409.302(c) and 409.304(c), RSMo (1967); 409.405(h), RSMo (1967), amended 1977, 1978, 1980, 1986; and 409.413(a), RSMo (1967). 15 CSR 30-52