Under IC 4-22-2-24, notice is hereby given that on August 21, 2006 at 2:00 p.m. at the Indiana Government Center-South, 402 West Washington Street, Conference Center Room C, the Securities Division will hold a public hearing on a proposed amendment of 710 IAC 1-14-4 to remove the requirement that broker-dealers file annual reports. While broker-dealers would still be required to prepare the reports and submit them to the Securities Division upon request, the annual filing requirement would be removed.

The proposed changes eliminate requirements and therefore do not impose any additional costs on regulated entities. The Commissioner did not rely on any data, studies, or analyses in making this conclusion.

Copies of these rules are now on file at the Indiana Government Center-South, 302 West Washington Street, Room E111 and Legislative Services Agency, One North Capitol, Suite 325, Indianapolis, Indiana, and are open for inspection.