The filing of an application for registration, a registration statement, a notice filing under this chapter, the registration of a person, the notice filing by a person, or the registration of a security under this chapter does not constitute a finding by the administrator that a record filed under this chapter is true, complete, and not misleading. The filing or registration or the availability of an exemption, exception, preemption, or exclusion for a security or a transaction does not mean that the administrator has passed on the merits or qualifications of, or recommended or given approval to, a person, security, or transaction. A person may not make, or cause to be made, to a purchaser, customer, client, or prospective customer or client a representation inconsistent with this section.
Structure Alaska Statutes
Chapter 56. Alaska Securities Act
Article 3. Fraud and Liabilities.
Sec. 45.56.500. General fraud.
Sec. 45.56.510. Prohibited conduct in providing investment advice.
Sec. 45.56.520. Misleading filings.
Sec. 45.56.530. Misrepresentations concerning registration or exemption.
Sec. 45.56.540. Evidentiary burden.