§ 502.504 — Filing of sales and advertising literature

Iowa § 502.504

• Jurisdiction: Iowa
• Title XII: BUSINESS ENTITIES
• Ch. 502: UNIFORM SECURITIES ACT (BLUE SKY LAW)

Text

1. Filing requirement. Except as otherwise provided in subsection 2, a rule adopted or
order issued under this chapter may require the filing of a prospectus, pamphlet, circular,
§502.504, UNIFORM SECURITIES ACT (BLUE SKY LAW) 44
form letter, advertisement, sales literature, or other advertising record relating to a security
or investment advice, addressed or intended for distribution to prospective investors,
including clients or prospective clients of a person registered or required to be registered
as an investment adviser under this chapter.
2. Excluded communications. This section does not apply to sales and advertising
literature specified in subsection 1 which relates to a federal covered security, a federal
covered investment adviser, or a security or transaction exempted by section 502.201,
502.202, or 502.203 except as required pursuant to section 502.201, subsection 7.
2A. Authority to prohibit false advertising. The administrator may by rule or order
prohibit the publication, circulation, or use of any advertising deemed false or misleading.

Legislative History

[C77, 79, 81, §502.504]