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#2114402 - 01/17/17 06:42 PM Insider Reporting
Compliance 003 Offline
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Joined: Jan 2016
Posts: 3
Does Reg O preempt MD State law requirement to report insider loans to Board every 6 mos?

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#2114432 - 01/17/17 08:08 PM Re: Insider Reporting Compliance 003
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 85,240
Galveston, TX
If you mean promptly reporting loans to executive officers under 215.5(d)(1), the answer is yes. There are no other reporting requirements in Regulation O. A loan to a director or principal shareholder might need preapproval, but if not, there are no reporting requirements.
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