Exemption Table

Statutory & Rule Exemptions Under Section 61-1-14

Statute / Rule

Description

Type

Available to

Filing Required

Term

Government

Security

Issuer & Non-issuer

Self-executing

Indefinite

Foreign Government

Security

Issuer & Non-issuer

Self-executing

Indefinite

Depository Institution

Security

Issuer & Non-issuer

Self-executing

Indefinite

Public Utility

Security

Issuer & Non-issuer

Self-executing

Indefinite

Exchange Listed

Security

Issuer & Non-issuer

Self-executing

Duration of Listing

Non-Profit Organization

Security

Issuer & Non-issuer

Self-executing

Indefinite

Employee Benefit Plan

Security

Issuer & Non-issuer

Self-executing

Duration of Investment Contract

Registered Investment Company

Security

Issuer & Non-issuer

Self-executing

12 Months

Discretionary

Security

Issuer & Non-issuer

Self-executing

Varies

Isolated

Transaction

Non-issuer

Self-executing

Duration of transaction

Manual Listing

Transaction

Non-issuer

Filing Required with exceptions

Unsolicited

Transaction

Non-issuer

Self-executing

Duration of transaction

Underwriter

Transaction

Issuer

Self-executing

Duration of transaction

Real Estate

Transaction

Issuer

Self-executing

Duration of transaction

Court Ordered

Transaction

Non-issuer

Self-executing

Duration of transaction

Bona Fide Pledgee

Transaction

Non-issuer

Self-executing

Duration of transaction

Institutional Investor

Transaction

Issuer & Non-issuer

Self-executing

Duration of transaction

Preorganization Subscription

Transaction

Issuer

Self-executing

Duration of transaction

Existing Securities Holder

Transaction

Issuer

Self-executing with filing available

Duration of transaction

Red Herring

Transaction

Non-issuer

Self-executing if registration pending

Duration of transaction

Dividend of Issuer

Transaction

Issuer

Self-executing

Duration of transaction

Secondary Trading

Transaction

Non-issuer

Filing Required

See R164-14-2m(F)

Non-Public Offering

Transaction

Issuer & Non-issuer

Self-executing

Life of offering

Sale of Condominium or Time Share

Transaction

Issuer & Non-issuer

Self-executing

Duration of transaction

Merger and Reorganization

Transaction

Issuer

Filing Required

Duration of transaction

Limited Offering

Transaction

Issuer

Self-executing

Duration of transaction

Commodity Contract

Transaction

Issuer & Non-issuer

Self-executing

Duration of transaction

Fairness Hearing

Transaction

Issuer

Filing & Hearing Required

Duration of transaction

Judicially Approved Exemption

Transaction

Issuer

Self-executing

Duration of transaction

Federal Covered Advisor

Transaction

Non-issuer

Self-executing

Duration of transaction

Discretionary

Transaction

Issuer & Non-Issuer

Filing Required

Duration of transaction

MJDS - Secondary Trading

Transaction

Non-issuer

Self-executing

Duration of transaction

Solicitation of Interest (Testing the Waters)

Transaction

Issuer

Filing Required

Duration of transaction

Foreign Securities- Secondary Trading

Transaction

Non-issuer

Self-executing

Duration of transaction

Internet Solicitations

Transaction

Issuer

Self-executing

Duration of transaction

Accredited Investor

Transaction

Issuer

Filing Required

Duration of transaction

Reorganization Involving Certain Federal Covered Securities

Transaction

Issuer

Self-executing

Duration of transaction

Compensatory Benefit Plan

Transaction

Issuer

Self-executing

Duration of transaction

Cross Border Trading

Transaction

Issuer & Non-issuer

Filing Required

Duration of transaction