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Florida Administrative Code (Last Updated: April 18, 2024) |
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69. Department of Financial Services |
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69W. Securities |
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69W-500. Exempt Transactions |
1(1) For purposes of Section 6517.061(13), F.S., 8the offer or sale of securities in a transaction meeting the requirements of SEC Rule 144 24(2517 C.F.R. § 230.14429), which is incorporated by reference in Rule 3769W-200.002, 38F.A.C., shall be deemed an unsolicited purchase or sale of securities on order of and as agent for another.
57(2) For purposes of Section 62517.061(13), F.S., 64a promoter or affiliate of an issuer shall not be deemed an underwriter of or an issuer of, or to be engaged in a sale directly or indirectly 92for the benefit of an issuer with respect to, any securities he has owned beneficially for at least one (1) year.
113(3) For purposes of Rule 11869W-500.008, 119F.A.C., the term “Issuer” is defined in Rule 12769W-200.001, 128F.A.C.
129Rulemaking Authority 131517.03(1) FS. 133Law Implemented 135517.061(13) FS. 137History–New 12-5-79, Amended 9-20-82, Formerly 3E-500.08, Amended 10-14-90, Formerly 3E-500.008, Amended 9-30-10, 9-22-14.
