Section 24.02. Other filing exemptions.

  The following solicitation materials and communications are exempted under the general rule-making authority of the division in s. 552.13 (2) , Stats., from any and all filing requirements of ch. 552 , Stats. :

(1)  Offers to purchase securities made in connection with a distribution of securities permitted by rule 10b-7 or 10b-8 of the securities exchange act of 1934;

(2)  The call or redemption of any security in accordance with the terms and conditions of the governing instruments;

(3)  Offers to purchase securities evidenced by a script certificate, order form or similar document which represents a fractional interest in a share of stock or similar security;

(4)  Offers to purchase securities pursuant to a statutory procedure for the purchase of dissenting shareholder's securities;

(5)  The furnishing of information and advice regarding a take-over offer to customers or clients by attorneys, banks, broker-dealers, fiduciaries or investment advisers, who are not otherwise participating in the take-over offer or solicitation.

History: Cr. Register, October, 1972, No. 202 , eff. 11-1-72.