eS Virgin Islands Office of the Lieutenant Governor

Division of Banking and Insurance



Kongens Gade No. 18, Charlotte Amalie, St. Thomas, USVI, 00802 « (340) 774-7166 « Fax (340) 774-9458



No. 7/2005



ORDER



WHEREAS, the Lieutenant Governor or his designee, as

Administrator of the Uniform Securities Act as set forth in 9 V.LC. § 602(1)

and § 661(a), may issue forms and orders pursuant to 9 V_ILC. § 665(a)(1);



NOW, THEREFORE, the premises having been considered as set

forth above, and the Administrator having found that this Order, in concert

with 9 V.LC. § 665, is necessary or appropriate in the public interest and is

consistent with the purposes of the Uniform Securities Act; it is hereby



ORDERED that the Model Rules and Regulations promulgated by

the North American Securities Administrators Association (“NASAA”) have

been adopted for use in the Virgin Islands by the Administrator; and it is



FURTHER ORDERED that all persons subject to the provisions of

the Uniform Securities Act shall comply with the NASAA Model Rules and



Regulations to the extent that said rules and regulations are not in conflict

WUE INU, 7



with any statutory provision of the Uniform Securities Act or any Order



issued by the Administrator,



oe,



ho

Dated this Vg day of February 2005 at St. Thomas, U. S. Virgin Islands.



—



MEN Cor io

Deverita Carty Sturdivant

Director



Designee of the Lieutenant Governor/

Securities Administrator