2008 Opinions

9/19/2008 

The Staff of the Division of Securities has issued an opinion letter stating that the solicitation of loans is "engaging in the business of effecting securities transactions," requiring licensing as a broker-dealer, and will take an enforcement action against IH International and W. Allan Gay if these activities are undertaken without benefit of licensure.

OPINION REQUEST AND ANSWER

8/15/2008

The staff of the Colorado Division of Securities has taken a "No-Action" position with respect to the distribution by a parent corporation to its shareholders a dividend of the shares of a wholly owned subsidiary.

4/24/2008

The Securities Comissioner has issued an Order of Exemption from licensing as an investment adviser to Consolidated Investment Group, LLC

4/23/2008

The Securities Comissioner has issued an Order of Exemption from licensing as an investment adviser to Mantucket Capital Management

Order
Request