WSR 14-13-005

PERMANENT RULES

[Filed June 5, 2014, 9:05 a.m., effective July 6, 2014]

Effective Date of Rule: Thirty-one days after filing.

Purpose: The securities division is hereby amending WAC 460-10A-160 to update a reference to securities manuals that are no longer in existence. Several years ago, the credit rating agency and securities manual publisher known as "Moody's Investor Service" (Moody's) sold to a company named Mergent's, Inc. (Mergent's). The services and functions provided by Moody's continue to operate under the Mergent's title. WAC 460-10A-160 defines "nationally recognized securities manual" as securities manuals published by "Fitch Investors Service, Moodys Investors Service, and Standard and Poor's Corporation Records." Because Moody's is no longer in existence, we have removed the reference in WAC 460-10A-160 to "Moody's Investor Service" and have replaced it with a reference to "Mergent's Investor Service."

Citation of Existing Rules Affected by this Order: Amending WAC 460-10A-160.

Statutory Authority for Adoption: RCW 21.20.450, 21.20.320(2).

Adopted under notice filed as WSR 14-07-062 on March 17, 2014.

Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 1, Repealed 0.

Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.

Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 1, Repealed 0.

Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 1, Repealed 0.

Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 0, Repealed 0.

Date Adopted: June 5, 2014.

Scott Jarvis

Director