Section 032-523-8 - ReportingThe issuer shall report to the Administrator in writing the following information that is applicable:
1. Within three (3) business days of first issuing securities after reaching the minimum offering amount, the amount of funds raised to date;2. Within three (3) business days of a decision to cease the offering and return all funds to investors, the total amount of funds raised; 3. Within fourteen (14) calendar days after the completion of the offering, the total amount of funds raised; and4. At the request of the Administrator, but not more often than quarterly, a complete accounting of the funds impounded by the issuer to date or, if the impoundment has ceased, the disposition of the funds raised and the further progress of the offering. 02-032 C.M.R. ch. 523, § 8