No action that commission to real estate agent is not indirect commission on sale of security involving sale of business. No action request to not require registration of retired agents who participate in this plan. Request denied for no-action. Requesting no-action that registration as an investment adviser is not needed when advice is given over the internet, but not based on individual client's needs. Moore is registered agent and will receive compensation.
Bonds are covered security.
Requesting no action that notes in this transaction not considered securities, but commercial transaction with bank. No action allowing typed signatures instead of manual and notarized signatures. Cross reference to American Express. Both companies have foreign subsidiaries and affiliates that would not normally generate audited financials when they are called for here. We will let them file those later, but require them to file interims on time.