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Can I email 2000 prospects at once in Arizona? What are the requirements?
Emailing Prospects in Arizona
Based on the provided context documents, there are no specific regulations that prohibit emailing prospects in Arizona. However, if you are planning to send emails for the purpose of selling securities, you may need to comply with the requirements under AZAC Title 14, Chapter 4, Article 1, Section 43, R14-4-143.
Additionally, if you are planning to conduct a solicitation through email, you may need to obtain a solicitation permit from the Director of the Arizona Department of Financial Institutions. The permit limitations include conducting solicitation only at the approved location designated on the permit, between the hours of 9:00 a.m. and 4:00 p.m., and on a day the approved location is open for regular business. A maximum of three solicitations may be conducted at any one approved location on a particular day, and a maximum of two solicitor representatives named on the permit may conduct solicitation activities on behalf of the permit holder at any one approved location, unless extenuating circumstances exist and advance written permission to exceed this limitation is granted by the Director on receipt of a written request by the solicitor [1.2].
It is important to note that if you are offering securities for sale through the internet, you may need to comply with the requirements under AZAC Title 14, Chapter 4, Article 1, Section 42, R14-4-142. This section provides guidelines for securities offerings on the internet, including the requirement to prominently and conspicuously indicate on the cover page of any offering document and on any subscription agreement document that the securities are not being offered to persons in Arizona, or in which specific states, other than Arizona, the securities are being offered. The offer for sale should not be otherwise specifically directed to any person in Arizona by, or on behalf of, the issuer, and no sales of the issuer’s securities should be made in Arizona as a direct or indirect result of the internet offer for sale [1.3].
Conclusion
Based on the provided context documents, there are no specific regulations that prohibit emailing prospects in Arizona. However, if you are planning to send emails for the purpose of selling securities, you may need to comply with the requirements under AZAC Title 14, Chapter 4, Article 1, Section 43, R14-4-143. Additionally, if you are planning to conduct a solicitation through email, you may need to obtain a solicitation permit from the Director of the Arizona Department of Financial Institutions. If you are offering securities for sale through the internet, you may need to comply with the requirements under AZAC Title 14, Chapter 4, Article 1, Section 42, R14-4-142.
Source(s):
Jurisdiction
Arizona