12 CFR 16.8
§ 16.8 Small issues.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 16.8, § 16.8 Small issues, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/43093
- Permanent ID
ys:prov:43093@1- SHA-256
76138f40a94e5cf843afdc3b5e74f5f591c8ef467229c69a985d38fc5b88a523
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The OCC will deem offers and sales of national bank or Federal savings association issued securities that satisfy the requirements of SEC Regulation A (17 CFR part 230, Regulation A—Conditional Small Issues Exemption) to be exempt from the registration and prospectus requirements of § 16.3 pursuant to § 16.5(d) of this part.
(b) A filer should consult the SEC's Securities Act Industry Guide 3—Statistical Disclosure by Bank Holding Companies (17 CFR 229.801(c) and 231) and requirement 7 (Loans) of Rule 9-03 of SEC Regulation S-X (17 CFR 230.9-03) for guidance on appropriate disclosures when preparing offering documents to be filed with the OCC pursuant to Regulation A.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.