Lawriter - OAC - 3772-3-02 Institutional investor suitability or qualification.

3772-3-02 Institutional investor suitability or qualification.

(A) To be presumed suitable or qualified as an institutional investor, an entity shall submit to the commission:

(1) Documentation sufficient to establish qualifications as an institutional investor; and

(2) A completed certification form, as required and prescribed by the commission.

(B) The commission may request any other information that would affect an entity's suitability or qualification as an institutional investor under Chapter 3772. of the Revised Code and any rules adopted thereunder. The entity shall provide all information, documents and materials at the entity's sole expense and cost.

(C) An entity must clearly identify those portions of the information submitted to the commission that it deems to be confidential, proprietary commercial information or trade secrets. Information provided as part of the suitability or qualification process shall be open to public inspection to the extent permitted by section 149.43 of the Revised Code and consistent with section 1333.61 of the Revised Code.

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Effective: 1/1/2017
Five Year Review (FYR) Dates: 10/14/2016 and 01/01/2022
Promulgated Under: 119.03
Statutory Authority: 3772.03
Rule Amplifies: 3772.01, 3772.03
Prior Effective Dates: 4/1/2012, 2/23/2013