TITLE 17 - COMMODITY AND SECURITIES EXCHANGES

CHAPTER II - SECURITIES AND EXCHANGE COMMISSION

PART 230 - GENERAL RULES AND REGULATIONS, SECURITIES ACT OF 1933

230.135b - Materials not deemed an offer to sell or offer to buy nor a prospectus.

Materials meeting the requirements of 240.9b1 of this chapter shall not be deemed an offer to sell or offer to buy a security for purposes solely of Section 5 (15 U.S.C. 77e) of the Act, nor shall such materials be deemed a prospectus for purposes of Sections 2(a)(10) and 12(a)(2) (15 U.S.C. 77b(a)(10) and 77l(a)(2)) of the Act, even if such materials are referred to in, deemed to be incorporated by reference into, or otherwise in any manner deemed to be a part of a Form S20 prospectus.

[67 FR 228, Jan. 2, 2002]