* * * Advertising materials submitted for review will not be acknowledged unless accompanied by a self addressed stamped envelope along with a copy of the cover letter to be date stamped and returned. If the Division finds the advertising non-compliant with A.A.C. R14-4-103, a letter will be sent to the Issuer within three business days of receipt of the advertising. Such letter will indicate the areas of non-compliance which must be corrected before the materials may be utilized in Arizona.

Policy Statement, Arizona Corporation Commission, Securities Division, 4-3-87.