17 CFR 230.135b
§ 230.135b Materials not deemed an offer to sell or offer to buy nor a prospectus.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 230.135b, § 230.135b Materials not deemed an offer to sell or offer to buy nor a prospectus, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/68566
- Permanent ID
ys:prov:68566@1- SHA-256
b659bc719ec73a2cc87b33f1af45901fc9d440ea0c8a02ec1fefffdf6b753fdd
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
Materials meeting the requirements of § 240.9b-1 of this chapter shall not be deemed an offer to sell or offer to buy a security for purposes solely of Section 5 (15 U.S.C. 77e) of the Act, nor shall such materials be deemed a prospectus for purposes of Sections 2(a)(10) and 12(a)(2) (15 U.S.C. 77b(a)(10) and 77l(a)(2)) of the Act, even if such materials are referred to in, deemed to be incorporated by reference into, or otherwise in any manner deemed to be a part of a Form S-20 prospectus.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.