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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 |
69W-500.015. Exemption for Offers and Sales of Securities of Foreign Issuers to Non-U.S. Persons in Offshore Transactions
Effective on Monday, September 22, 2014
1(1) Any offer or sale of securities of a foreign issuer made to a person, other than a U.S. person, in an offshore transaction that is exempt from registration pursuant to Regulation S 34(3517 C.F.R. §§ 230.901 39through 230.905), 41which is incorporated by reference in Rule 4869W-200.002, 49F.A.C., is hereby exempted from the registration requirements of Section 59517.07, F.S.
61(2) For purposes of this rule, the terms “foreign issuer,” “offshore transaction,” and “U.S. person” shall have the meanings prescribed in rule 902 of Regulation S 89(9017 C.F.R. § 230.90294)95.
96Rulemaking Authority 98517.03(1), 99517.061(19) FS. 101Law Implemented 103517.061(19) FS. 105History–New 7-30-98, Formerly 3E-500.015, Amended 9-30-10, 9-22-14.
