Section 6.03. Securities transfers.

  An issuer of outstanding securities registered under s. 551.303 or 551.304 , Stats., or transactions in which are exempted from registration under s. DFI-Sec 2.02 (9) (o) , or any controlling person of the issuer, is deemed to employ a "device, scheme or artifice to defraud" the purchasers of the securities within the meaning of s. 551.501 (1) , Stats., if the issuer fails to provide adequate facilities for the transfer and delivery of the securities to the purchasers thereof without unreasonable delay, either directly or through its transfer agent for the securities.

History: Cr. Register, August, 1972, No. 200 , eff. 9-1-72; am. Register, December, 1980, No. 300 , eff. 1-1-81; CR 08-077 : am. Register December 2008 No. 636 , eff. 1-1-09.

Note

DFI-Sec 6.04 Broker-dealer activities. History: Cr. Register, December, 1969, No. 168 , eff. 1-1-70; renum. from SEC 5.03 to be SEC 5.04 and am., Register, August, 1972, No. 200 , eff. 9-1-72; am. Register, December, 1990, No. 420 , eff. 1-1-91; am. Register, December, 1994, No. 468 , eff. 1-1-95; CR 08-077 : r. Register December 2008 No. 636 , eff. 1-1-09. Microsoft Windows NT 6.1.7601 Service Pack 1