What is the Midwest Regional Review Program?
The Midwest Regional Review Program allows an issuer of securities, exempt from registering federally with the Securities and Exchange Commission because of an exemption under either Regulation A or Rule 504 of Regulation D, to file an application simultaneously in any or all of the states participating in the Program (Illinois, Indiana, Iowa, Kansas, Michigan, Missouri, Nebraska, North Dakota, South Dakota, and Wisconsin) where it proposes to sell securities. A single member state will be responsible for coordinating the review and communicating with the issuer to resolve issues. Once the single member state has permitted the application to become effective, all other states, where regional review has been requested, will also make the application effective. The issuer must comply with the requirements of the NASAA Statement of Policy Regarding Small Company Registration (SCOR). For more information on SCOR see the next question. Details of the Program and an application may be obtain
