[Code of Federal Regulations]
[Title 17, Volume 2]
[Revised as of April 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR228.502]

[Page 336]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER II--SECURITIES AND EXCHANGE COMMISSION
 
PART 228--INTEGRATED DISCLOSURE SYSTEM FOR SMALL BUSINESS ISSUERS--Table of Contents
 
                        Subpart A--Regulation S-B
 
Sec. 228.502  (Item 502) Inside front and outside back cover pages of prospectus.

    The small business issuer must furnish the following information in 
plain English. See Sec. 230.421(d) of Regulation C of this chapter.
    (a) Table of contents. On either the inside front or outside back 
cover page of the prospectus, provide a reasonably detailed table of 
contents. It must show the page number of the various sections or 
subdivisions of the prospectus. Include a specific listing of the risk 
factors section required by Item 503 of this Regulation S-B (17 CFR 
228.503). You must include the table of contents immediately following 
the cover page in any prospectus you deliver electronically;
    (b) Dealer prospectus delivery obligation. If applicable to your 
offering, on the outside back cover page of the prospectus, advise 
dealers of their prospectus delivery obligation, including the 
expiration date specified by Section 4(3) of the Securities Act (15 
U.S.C. 77d(3)) and Sec. 230.174 of this chapter. You may use the 
following or other clear, plain language:

                  Dealer Prospectus Delivery Obligation

    Until (insert date), all dealers that effect transactions in these 
securities, whether or not participating in this offering, may be 
required to deliver a prospectus. This is in addition to the dealers' 
obligation to deliver a prospectus when acting as underwriters and with 
respect to their unsold allotments or subscriptions.

[63 FR 6380, Feb. 6, 1998]