409.5-506. Misrepresentations concerning registration or exemption. - Missouri Statutes

Misrepresentations concerning registration or exemption.

409.5-506. The filing of an application for registration, aregistration statement, a notice filing under this act, the registration ofa person, the notice filing by a person, or the registration of a securityunder this act does not constitute a finding by the commissioner that arecord filed under this act is true, complete, and not misleading. Thefiling or registration or the availability of an exemption, exception,preemption, or exclusion for a security or a transaction does not mean thatthe commissioner has passed upon the merits or qualifications of, orrecommended or given approval to, a person, security, or transaction. Itis unlawful to make, or cause to be made, to a purchaser, customer, client,or prospective customer or client a representation inconsistent with thissection.

(L. 2003 H.B. 380)

Effective 9-01-03