In a reef tank, your live rock and live sand is the filtration system.
From Wiki on the purpose of live rock:"For the aquarium trade this rock is highly valued not only for the diversity of life it can bring to the closed marine environment, but its function as a superior biological filter that hosts both aerobic and anaerobic nutrifying bacteria required for the nitrogen cycle that processes waste. Live rock becomes the main biological nitrification base or biological filter of a saltwater aquarium."http://en.wikipedia.org/wiki/Live_rock
it would be the same thing as plants is talking about in fw. very lightly stocked with lots of plants. again his warning....I know of at least one very experienced, and diligent, and expert fish lover & keeper that keeps unfiltered set-ups, with no ill effects...
Again, NOT for the beginning hobbyist!
I have successfully kept a filterless heavily planted 60 gallon tank that was lightly stocked and only did minimal maintenance, 50% WC every 2 weeks.
Bear in mind that the 60 gallon was literally STUFFED with plants and had powerheads and a heater.