GUARDD Comment to NASAA: Proposed Model Rule to Designate Nationally Recognized Securities Manuals
June 1, 2020
GUARDD submitted a formal comment to the North American Securities Administrators Association (NASAA) regarding the proposed model rule to designate nationally recognized securities manuals.
The comment addresses the criteria for designation of securities manuals and the role these manuals play in enabling secondary market trading of private securities through the Manual Exemption.
GUARDD's input helps shape the regulatory framework that governs how private companies can achieve compliance for secondary trading across multiple state jurisdictions.