S.D. Admin. R. 20:06:04:43

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:06:04:43 - Exemption of certain securities from insider trading

A security is exempt from the operation of SDCL 58-5-70 to the extent necessary to render lawful under that section the execution by a broker of an order for an account in which the broker has no direct or indirect interest.

S.D. Admin. R. 20:06:04:43

4 SDR 6, effective 8/9/1977; 12 SDR 151, 12 SDR 155, effective 7/1/1986.

General Authority: SDCL 58-5-77.

Law Implemented: SDCL 58-5-70.