{"data":{"id":"us/12-cfr-16.8","jurisdiction":"us","citation":"12 CFR 16.8","heading":"Small issues.","body":"(a) The OCC will deem offers and sales of national bank or Federal savings association issued securities that satisfy the requirements of SEC Regulation A (17 CFR part 230, Regulation A—Conditional Small Issues Exemption) to be exempt from the registration and prospectus requirements of § 16.3 pursuant to § 16.5(d) of this part.\n(b) A filer should consult the SEC's Securities Act Industry Guide 3—Statistical Disclosure by Bank Holding Companies (17 CFR 229.801(c) and 231) and requirement 7 (Loans) of Rule 9-03 of SEC Regulation S-X (17 CFR 230.9-03) for guidance on appropriate disclosures when preparing offering documents to be filed with the OCC pursuant to Regulation A.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 16—SECURITIES OFFERING DISCLOSURE RULES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"ae0adb1177b0cb99dd42a706e35aa1a066e8263b6922686c33e6d3c50749e53a","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-16.7","next":"us/12-cfr-16.9"},"notice":"GroundRules: Original legal text. Not legal advice."}