Chap. 527.   An Act further regulating the sale or distribution
OF CERTAIN SECURITIES.
Be it enacted, etc., as follows:
Section 5 of chapter 110A of the General Laws is hereby amended by striking out the first paragraph, as amended by section 1 of chapter 484 of the acts of 1963, and inserting in place thereof the following paragraph: —
No security, not exempt under section four, shall be sold, except as exempted by section three, within this commonwealth, until there shall have been filed with the commission a notice of intention, in a form acceptable to the commission, accompanied by a filing fee of twenty-five dollars, to sell the security in question, provided that this prohibition shall not extend to solicitations, or other preliminary negotiations, by a registered broker or salesman, with no consideration paid or received, no transfer or delivery of any security made, and no binding option, subscription or other contract entered into. Upon the filing of said notice and except during such period or periods as such sale may be forbidden under or pursuant to the provisions of this chapter, such security and all securities of the identical class and type outstanding at the date of such filing or sold or distributed by the issuer after the date of such filing in a transaction exempted by section three may be sold by any broker or salesman registered hereunder. Within seven days after the filing of said notice, or such further time as the commission may authorize in any case, there shall be filed with the commission a statement, upon such forms as the commission may prescribe, containing, with any other relevant information requested by the commission, the following information relative to the security and the person issuing the same.
Approved August 8, 1967.