Ohio Admin. Code 5505-9-06 - Ohio-qualified agents and investment managers

(A) For purposes of section 5505.0610 and division (A)(4) of sections section 5505.068 and 5505.0610 of the Revised Code, an investment manager may be designated as an "Ohio-qualified investment manager" if the investment manager and/or any parents, affiliates, or subsidiaries of the investment manager meets the requirements of divisions (A)(1) and (A)(2) of section 5505.0610 of the Revised Code.

(B) For purposes of sections 5505.068 and 5505.0610 of the Revised Code, "principal place of business" includes an office in which the agent or investment manager regularly provides securities or investment advisory services and solicits, meets with, or otherwise communicates with clients.

(C) For purposes of division (E)(4) of section 5505.068 of the Revised Code, "compensation" shall mean the commissions paid on equity securities transactions and the cost or proceeds on fixed income securities transactions.

Notes

Ohio Admin. Code 5505-9-06

Five Year Review (FYR) Dates: 1/18/2023 and 01/18/2028
Promulgated Under: 111.15
Statutory Authority: 5505.07
Rule Amplifies: 5505.068, 5505.0610
Prior Effective Dates: 10/21/2005, 01/18/2018

Effective: 1/18/2018
Five Year Review (FYR) Dates: 10/26/2017 and 01/18/2023
Promulgated Under: 111.15
Statutory Authority: 5505.07
Rule Amplifies: 5505.068, 5505.0610
Prior Effective Dates: 10/21/2005