Arbitrage transactions exempt
- • rules
The provisions of ORS 732.430 (Filing statement of security ownership with director), 732.435 (Suit to recover insider profits) and 732.440 (Prohibited sales of securities) do not apply to foreign or domestic arbitrage transactions unless made in contravention of such rules as the Director of the Department of Consumer and Business Services may adopt in order to carry out the purposes of ORS 732.420 (“Equity security” defined) to 732.455 (Rules). [Formerly 738.770]
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