Inquiries concerning pending registrations and no-action requests 

Due to the great increase in the number of applications with the Securities Division, until further notice, the following policies will be in effect:
 
A. Questions regarding pending securities, broker-dealer, and salesman applications will be accepted between the hours of 8:00 a.m. and 5:00 p.m. MST.
 
B. The Division will respond to no action requests. The fee for a no action letter is set forth in A.R.S. § 44-1861(L).
 
C. As with filings with the Division, requests for no action letters are public record. At the Division’s discretion, requests for no action letters, whether granted or denied, may be published.
 
[Policy Statement, Arizona Corporation Commission, Securities Division, 9-18-91.]
 
 
 
 
This substantive policy statement is advisory only.  A substantive policy statement does not include internal procedural documents that only affect the internal procedures of the agency and does not impose additional requirements or penalties on regulated parties or include confidential information or rules made in accordance with the Arizona administrative procedure act.  If you believe that this substantive policy statement does impose additional requirements or penalties on regulated parties you may petition the agency under section 41‑1033, Arizona Revised Statutes, for a review of the statement.