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Code of Colorado Regulations eDocket
Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number  2016-00564


CCR details

Tracking Number 2016-00564
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 704 Division of Securities
CCR Number 3 CCR 704-1
CCR Title RULES UNDER THE COLORADO SECURITIES ACT

Proposed rule

Notice Filed with SOS 10/27/2016
Rule ProposedRuleAttach2016-00564.doc
Additional Information AddInfoAttach2016-00564.doc
Statutory Authority 11-51-901, et seq. C.R.S. and 24-75-701, et seq., C.R.S
Description of Subjects/Issues To replace the requirement of compliance by local government in investment pool trust funds ("LGIPs") with SEC Reg. 270 2a-7, with these rules. The new rules allow LGIPs to maintain a stable net asset value per share of $1.00 while providing a reliable source of liquidity to pool participants.
Purpose/Objective of Rule To replace the requirement of compliance by local government investment pool trust funds ("LGIPs") with SEC Reg. 270.2a-7, with these proposed rules. The proposed rules would allow LGIPs to maintain a stable net asset value per share of $1.00 while providing a reliable source of liquidity for pool participants.
Basis And Purpose BasisAndPurposeAttachment2016-00564.pdf
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation? No
Hearing Date 12/07/2016
Hearing Time 09:00 AM
Hearing Location Civic Center Plaza 1560 Broadway, Denver, CO 80202 Conference Room 1250B
Contact Name Lillian Alves
Contact Title Deputy Commissioner
Contact Telephone 303.894.2320
Contact email lillian.alves@state.co.us

Adopted rule

Adopted Rules AdoptedRules02016-00564.doc
Redline Redline2016-00564.doc
Adopted Date 12/14/2016
AGO requested date 12/14/2016
Attorney General Opinion 12/20/2016
Colorado Register publication date 01/10/2017
Effective Date 01/30/2017
Inserted into CCR 01/27/2017