OH SB115

Requires securities with federal registration statements (SEC filings) to use registration by coordination rather than qualification, making the federal filing process the primary registration method in Ohio

Prohibits the Ohio Division of Securities from conditioning, delaying, or denying securities registrations based on requirements that are more stringent or burdensome than federal law requires

Bars the Division from issuing comment letters on registration by coordination filings and from issuing written guidance, interpretations, or policy statements on this registration method

Extends existing investment company notice filing provisions to include business development companies that have elected to be subject to federal small business investment company regulations

Clarifies definitional language to explicitly distinguish registration by description, qualification, and coordination as separate registration methods under Ohio securities law