WSR 97-08-054

POLICY STATEMENT

DEPARTMENT OF

FINANCIAL INSTITUTIONS

(Securities Division)

[Filed April 1, 1997, 8:35 a.m.]

Subjects: (1) Securities Act Policy Statement - 18; Washington Municipal Security Notice Filing and Fee Requirements Pursuant to the National Securities Markets Improvement Act of 1996 (new).

(2) Securities Act Policy Statement - 19; Washington Investment Adverser [Advisor] and Representative Notice Filing and Fee Requirements Pursuant to the National Securities Markets Improvement Act of 1996 (new).

(3) Securities Act Interpretive Statement - 08; Isolated Transactions/Nonpublic Offerings - RCW 21.20.320(1) (amended).

(4) Securities Act Interpretive Statement - 15; WAC 460-44A-506 (2)(B)--Indeterminate Underwriters Compensation in private placements (repealed).

(5) Securities Act Policy Statement - 17; Washington Investment Company Notice Filing and Fee Requirements Pursuant to the National Securities Markets Improvement Act of 1996 (amended).

To receive a copy of any of the interpretive and policy statements contact Kelli Skeels, Department of Financial Institutions, Securities Division, P.O. Box 9033, Olympia, WA 98507-9033, phone (360) 902-8760, FAX (360) 586-5068, e-mail kskeels@dfi.wa.gov.

William M. Beatty

Senior Securities Examiner

Legislature Code Reviser

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