South Carolina Statutes
§ 35-1-504 — Filing of sales and advertising literature.
(a)Except as otherwise provided in subsection (b), a rule adopted or order issued under this chapter may require the filing of a prospectus, pamphlet, circular, form letter, advertisement, sales literature, or other advertising record relating to a security or investment advice regarding securities, 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.
(b)This section does not apply to sales and advertising literature specified in subsection (a) which relates to a federal covered security, a federal covered investment adviser, or a security or transaction exempted by Section 35-1-201, 35-1-202, or 35-1-203 except as required pursuant to Sect
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Legislative History
HISTORY: 2005 Act No. 110, SECTION 1, eff January 1, 2006.
Nearby Sections
15
§ 35-1-101
Short title.§ 35-1-102
Definitions.§ 35-1-103
References to federal statutes.§ 35-1-104
References to federal agencies.§ 35-1-105
Electronic records and signatures.§ 35-1-201
Exempt securities.§ 35-1-202
Exempt transactions.§ 35-1-203
Additional exemptions and waivers.§ 35-1-301
Securities registration requirement.§ 35-1-302
Notice filing.§ 35-1-303
Securities registration by coordination.§ 35-1-305
Securities registration filings.