Or. Admin. Code § 441-205-0040

Current through Register Vol. 64, No. 1, January 1, 2025

Section 441-205-0040 - Disclosure of Control

The term "Manipulative, Deceptive, or Other Fraudulent Device or Contrivance," as used in these rules, is hereby defined to include any act of any broker-dealer controlled by, controlling, or under common control with, the issuer of any security, designed to effect with or for the account of a customer any transaction in, or to induce the purchase or sale by such customer of, such security, unless such broker-dealer, before entering into any contract with or for such customer for the purchase or sale of such security, discloses to such customer the existence of such control and unless such disclosure, if not made in writing, is supplemented by the giving or sending of written disclosure at or before the completion of the transaction.

CC 12, f. 7-12-73 ef. 9-1-73, Renumbered from 815-030-0205.2-3 and 815-030-0130

Stat. Auth.: ORS 59

Stats. Implemented: ORS 59.205(2)