The Office of Financial Regulation (OFR) proposes to adopt new rule 69W-200.002 to consolidate all material incorporated by reference in Chapter 69W, F.A.C. into this rule. The proposed new rule will conform with Section 120.54(1)(i), F.S., ...

RULE NO.:RULE TITLE:

69W-200.002General Industry Standards Incorporated by Reference

PURPOSE AND EFFECT: The Office of Financial Regulation (OFR) proposes to adopt new Rule 69W-200.002, F.A.C., to consolidate all material incorporated by reference in Chapter 69W, F.A.C. into this rule. The proposed new rule will conform with Section 120.54(1)(i), F.S., identifying each material, its date, the effective date of incorporation, the referencing rule(s), and hyperlinks where the material can be accessed via the FAR or inspected at the OFR.

SUMMARY: See above.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION: The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.

The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: 1) No requirement for a SERC was triggered under Section 120.541(1); and 2) The amendments will not exceed any one of the economic analysis criteria in a SERC, as set forth in Section 120.541(2)(a), F.S.

Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

RULEMAKING AUTHORITY: 517.03(1), 517.1215(2), 517.1217 FS.

LAW IMPLEMENTED: 517.081, 517.12(4), 517.1215, 517.1217, 517.161(1) FS.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAR.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: John Kim, Division of Securities, (850)410-9781, john.kim@flofr.com

THE FULL TEXT OF THE PROPOSED RULE IS:

69W-200.002 General Industry Standards Incorporated by Reference.

(1) The following general industry standards as expressed in the statutes, rules and regulations of the various federal and self-regulatory agencies and regulatory associations and referenced in Chapter 69W, F.A.C., are hereby incorporated by reference and adopted by this rule.

Material (with version/edition date)	Effective date of incorporation	Referencing rule(s)	Hyperlink to material
FINRA Rule 2210 (2-4-13)		69W-100.007(4)	http://www.flrules.org/___
S.E.C. Rule 501(a) of Regulation D (17 C.F.R. § 230.501(a)) (9-23-13)		69W-200.001(1)	http://www.flrules.org/___
SEC Rule 15c3-1 (17 C.F.R. § 240.15c3-1) (10-21-13)		69W-200.001(3), 69W-200.001(4), 69W- 300.002(4)	http://www.flrules.org/___
SEC Rule 206(4)-3 (17 C.F.R. § 275.206(4)-3) (9-13-10)		69W-200.001(7)(c), 600.014(3)	http://www.flrules.org/___
NASD Rule 3010 (2-4-13)		69W-200.001(9)(a)2.e.	http://www.flrules.org/___
SEC Rule 144A(a) (17 C.F.R. § 230.144A(a)) (9-23-13)		69W-200.001(25), 69W-700.008(4)(m)	http://www.flrules.org/___
Regulation S-X (17 C.F.R. Part 210) (C.F.R. 2013 edition)		69W-300.002(1)	http://www.flrules.org/___
SEC Rules 17a-5 (17 C.F.R. § 240.17a-5) (12-31-13) and 17a-10 (17 C.F.R. § 240.17a-10) (9-9-81)		69W-300.002(3)(d); 69W-600.015(2)(c)	http://www.flrules.org/___
Section 15A of the Securities Exchange Act of 1934 (15 U.S.C. §78o-3) (10-1-10)		69W-300.002(3)(e)	http://www.flrules.org/___
Regulation A of the Securities Act of 1933 (17 C.F.R. §§230.251 through 230.263) (C.F.R. 2013 edition)		69W-300.002(6)(a), 700.002(2)	http://www.flrules.org/___
SEC Rule 144 (17 C.F.R. § 230.144) (2-27-12)		69W-500.008(1)	http://www.flrules.org/___
Section 642(c)(5) of the Internal Revenue Code of 1954 (26 U.S.C. §642(c)(5) (2012)		69W-500.012(1)(a)	http://www.flrules.org/___
Regulation S (17 C.F.R. §§ 230.901 through 230.905) (C.F.R. 2013 edition)		69W-500.015	http://www.flrules.org/___
Section 4(a)(2) of the Securities Act of 1933 (15 U.S.C. § 77d(a)(2)) (2012)		69W-500.016	http://www.flrules.org/___
SEC Rule 701 (17 C.F.R. 230.701) (3-4-08)		69W-500.017(1)(a), 500.017(2)	http://www.flrules.org/___
Section 3(a) of the Securities Act of 1933 (15 U.S.C. §77c(a)) (2012)		69W-500.017(1)(b)	http://www.flrules.org/___
Securities Act of 1933 Section 5 (15 U.S.C. §77e); Section 6 (15 U.S.C. §77f); Section 7 (15 U.S.C. §77g); Section 8 (15 U.S.C. §77h) (2012)		69W-500.017(1)(c)	http://www.flrules.org/___
SEC Rule 17f-2 (17 C.F.R. § 240.17f-2) (12-1-82)		69W-600.006(2), (3), (4)	http://www.flrules.org/___
SEC Rule 10b-10 (17 CFR § 240.10b-10) (8-29-05)		69W-600.012(1)(d)	http://www.flrules.org/___
SEC Rule 17a-3 (17 CFR § 240.17a-3) (10-21-13)		69W-600.012(1)(d)	http://www.flrules.org/___
MSRB Rules G-8 and G-15 (3-31-14)		69W-600.012(1)(d)	Due to copyright restrictions, see paragraph (2) below for access information.
Securities Exchange Act of 1934 Section 9 (15 U.S.C. §78i); Section 10 (15 U.S.C. §78j); Section 11A (15 U.S.C. §78k-1); Section 15(c) and 15(g) (15 U.S.C. §78o(c) and 78o(g)) (2012)		69W-600.012(5)(a)	http://www.flrules.org/___
SEC Rule 9b-1 (17 CFR § 240.9b-1) (1-2-03)		69W-600.012(5)(b)	http://www.flrules.org/___
SEC Rules 10b-1, 10b-3, 10b-5, 10b5-1, 10b5-2, 10b-9, 10b-10, 10b-16, 10b-17, 10b-18, and 10b-21 (17 CFR §§ 240.10b-1, 240.10b-3, 240.10b-5, 240.10b5-1, 240.10b5-2, 240.10b-9, 240.10b-10, 240.10b-16, 240.10b-17, 240.10b-18, and 240.10b-21) (C.F.R. 2013 edition)		69W-600.012(5)(c)	http://www.flrules.org/___
SEC Rules 15c1-1 through 15c1-3 and 15c1-5 through 15c1-9 (17 CFR §§ 240.15c1-1 through 240.15c1-3 and 240.15c1-5 through 240.15c1-9) (C.F.R. 2013 edition)		69W-600.012(5)(d)	http://www.flrules.org/___
SEC Rules 15c2-1, 15c2-4, 15c2-5, 15c2-7, 15c2-8, 15c2-11, and 15c2-12 (17 CFR §§ 240.15c2-1, 240.15c2-4, 240.15c2-5, 240.15c2-7, 240.15c2-8, 240.15c2-11, and 240.15c2-12 (C.F.R. 2013 edition)		69W-600.012(5)(e)	http://www.flrules.org/___
SEC Rules 15g-1 through 15g-6, 15g-8, and 15g-9 (17 CFR §§ 240.15g-1 through 240.15g-6, 240.15g-8 and 240.15g-9) (C.F.R. 2013 edition)		69W-600.012(5)(f)	http://www.flrules.org/___
Regulation M (17 CFR §242.100 (8-28-05); 17 CFR §242.101 (9-23-13); 17 CFR §242.102 (9-23-13); 17 CFR §242.103 (8-29-05); 17 CFR §242.104 (9-23-13); 17 CFR §242.105) (10-9-07)		69W-600.012(5)(g)	http://www.flrules.org/___
SEC Rule 601 (17 C.F.R. § 242.601) (8-29-05)		69W-600.012(5)(h)	http://www.flrules.org/___
Regulation T, Credit by Brokers and Dealers, (12 C.F.R. §§ 220.1 through 220.12, 220.101, 220.103, 220.105, 220.108, 220.110, 220.111, 220.113, 220.117, 220.118, 220.119, 220.121, 220.122, 220.123, 220.124, 220.127, 220.128, 220.131, 220.132); and 12 C.F.R. § 221.125 of Regulation U (C.F.R. 2013 edition)		69W-600.013(1)(a)	http://www.flrules.org/___
SEC Rule 8c-1, (17 C.F.R. § 240.8c-1) (11-3-98)		69W-600.013(1)(d)	http://www.flrules.org/___
FINRA Rule 2000 Series (existing as of 3-28-14)		69W-600.013(1)(h)1.	http://www.flrules.org/___
FINRA Rule 3000 Series (existing as of 3-28-14)		69W-600.013(1)(h)1.; 600.013(2)(a) (FINRA Rule 3240)	http://www.flrules.org/___
FINRA Rule 4000 Series (existing as of 3-28-14)		69W-600.013(1)(h)1.	http://www.flrules.org/___
FINRA Rule 5000 Series (existing as of 3-28-14)		69W-600.013(1)(h)1.	http://www.flrules.org/___
FINRA Rule 6000 Series (existing as of 3-28-14)		69W-600.013(1)(h)1.	http://www.flrules.org/___
FINRA Rule 7000 Series (existing as of 3-28-14)		69W-600.013(1)(h)1.	http://www.flrules.org/___
NASD Conduct Rule 2000 Series (existing as of 3-28-14)		69W-600.013(1)(h)1.	http://www.flrules.org/___
NASD Conduct Rule 3000 Series (existing as of 3-28-14)		69W-600.013(1)(h)1.; 600.013(1)(h)4. (NASD Rule 3210); 69W-600.014(1)	http://www.flrules.org/___
NASD Uniform Practice Code Rule 11000 Series (existing as of 3-28-14)		69W-600.013(1)(h)1.	http://www.flrules.org/___
NYSE Rules 405, 412, and 435 (existing as of 3-28-14)		69W-600.013(1)(h)2.	http://www.flrules.org/___
Section 2, 3, 4, 5, and 6 of the Securities Act of 1933, (15 U.S.C.A. §§ 77b, 77c, 77d, 77e, or 77f) (2012)		69W-600.013(1)(h)3.	http://www.flrules.org/___
SEC Rules 134, 134a, 135a, 144, 144A, 156, 419, 481, or 482, (17 C.F.R. §§ 230.134, 230.134a, 230.135a, 230.144, 230.144A, 230.156, 230.419, 230.481 or 230.482) (C.F.R. 2013 edition)		69W-600.013(1)(h)3.	http://www.flrules.org/___
Section 15(b)(4)(E) of the Securities Exchange Act of 1934 (15 U.S.C. § 78o(b)(4)(E)) (2012)		69W-600.013(1)(h)4.	http://www.flrules.org/___
Regulation SHO, Regulation of Short Sales, (17 C.F.R. §§ 242.200-242.203) (C.F.R. 2013 edition)		69W-600.013(1)(h)4.	http://www.flrules.org/___
Section 15B of the Securities Exchange Act of 1934, (15 U.S.C. § 78o-4) (2012)		69W-600.013(1)(h)5.	http://www.flrules.org/___
MSRB Definitional Rules D-1 to D-14, and General Rules G-1 to G-43 (existing as of 3-28-14)		69W-600.013(1)(h)5.; 69W-600.014(1) (Rules G-7, G-8, G-9); 69W-600.014(7)(a) (Rule G-9); 69W-600.020(3) (Rule G-3(h))	Due to copyright restrictions, see paragraph (2) below for access information.
Sections 13 and 15D of the Securities Exchange Act of 1934, (15 U.S.C. §§ 78m, 78o-6)		69W-600.013(1)(m)	http://www.flrules.org/___
Sections 204, 204A, 205, 206, 207, 208 of the Investment Advisers Act of 1940 (15 U.S.C.A. §§ 80b-4, 80b-4a, 80b-5, 80b-6, 80b-7, 80b-8 (2012)		69W-600.0131(1)(a);	http://www.flrules.org/___
SEC Rule 204-3 (17 C.F.R. §275.204-3) (10-12-10); Rule 205-1(17 C.F.R. §275.205-1) (8-29-72); Rule 205-2 (17 C.F.R. §275.205-2) (11-22-72); Rule 205-3 (17 C.F.R. §275.205-3) (5-22-12); Rule 206(3)-1 (17 C.F.R. §275.206(3)-1) (8-27-75); Rule 206(3)-2 (17 C.F.R. §275.206(3)-2 (5-22-97); Rule 206(4)-1 (17 C.F.R. §275.206(4)-1 (5-22-97) Rule 206(4)-3 (17 C.F.R. §275.206(4)-3 (9-13-10); Rule 206(4)-4 (17 C.F.R. §275.206(4)-4 (10-12-10)		69W-600.0131(1)(a)	http://www.flrules.org/___
The Investment Advisers Act of 1940 (15 U.S.C. § 80b-1 through 80b-21) (2012)		69W-600.0131(1)(r) (Sections 203(b) and 205 (15 U.S.C. §§80b-3(b) and 80b-5)), 69W-600.0131(1)(s), 69W-700.008(4)(f), (g), (k) (Section 202(a)(22) (15 U.S.C. §80b-2(a)(22),	http://www.flrules.org/___
National Securities Markets Improvement Act of 1996 (Pub. L. 104-290) (10-11-96)		69W-600.0131(2)	http://www.flrules.org/___
Section 4f(a) of the Commodity Exchange Act (7 U.S.C. § 6f) (2012)		69W-600.0132(1)(c)3.	http://www.flrules.org/___
Investment Company Act of 1940 (15 U.S.C. § 80a-1 through 80a-64) (2012)		69W-600.0132(3)(a) (§80a-5(a)(1)), 69W-600.0132(3)(d), 69W-600.0133(4)(b) (§§80a-2 and 80a-3), 69W-700.008(2)(b) (Section 2(a)(48) §80a-2(a)(48)), 69W-700.008(4)(d)e	http://www.flrules.org/___
SEC Rules 17a-3 and 17a-4 (17 C.F.R. §§ 240.17a-3 and 240.17a-4) (10-21-13)		69W-600.014(1), 600.014(2)(c), 600.014(7)(a), 600.016(2)(b)	http://www.flrules.org/___
SEC Rule 204-2 (17 C.F.R. §275.204-2) (9-19-11)		69W-600.014(3), 600.014(4), 600.014(7)	http://www.flrules.org/___
SEC Rule 204-3 (17 C.F.R. §275.204-3) (10-12-10)		69W-600.014(3)(e)	http://www.flrules.org/___
SEC Rule 15c3-1 and appendices: 17 C.F.R. §240.15c3-1 (10-21-13); 17 C.F.R. §240.15c3-1a (10-21-13); 17 C.F.R. §240.15c3-1b (8-9-84); 17 C.F.R. §240.15c3-1c (12-2-92); 17 C.F.R. §240.15c3-1d (6-5-08); 17 C.F.R. §240.15c3-1e (1-8-14); 17 C.F.R. §240.15c3-1f (1-8-14); 17 C.F.R. §240.15c3-1g (1-8-14)		69W-600.016(2), 600.016(3)	http://www.flrules.org/___
17 C.F.R. § 240.17a-11 (10-21-13)		69W-600.016(2)(a)	http://www.flrules.org/___
SEC Rule 15c3-3and Exhibit A (17 C.F.R. § 240.15c3-3 and 240.15c3-3a) (10-21-13)		69W-600.017	http://www.flrules.org/___
FINRA Rule 1250 (existing as of 3-28-14)		69W-600.020(1)	http://www.flrules.org/___
NYSE Rule 345A (existing as of 3-28-14)		69W-600.020(2)	http://www.flrules.org/___
NYSE MKT LLC Rule 341A (existing as of 3-28-14)		69W-600.020(1)(d)	http://www.flrules.org/___
Article VI, Rule 11 of the Chicago Stock Exchange (existing as of 3-28-14)		69W-600.020(1)(e)	Due to copyright restrictions, see paragraph (2) below for access information.
Section 422 of the Internal Revenue Code (26 U.S.C. §422) (2012)		69W-700.008(2)(b)3.	http://www.flrules.org/___
SEC Rule 15a-6(b)(4)(i) (17 C.F.R. §240.15a-6) (11-2-07)		69W-700.008(4)(n)	http://www.flrules.org/___
Sections 856, 857 and 858 of the Internal Revenue Code of 1954 (26 U.S.C. §§ 856, 857, 858) (2012)		69W-700.014	http://www.flrules.org/___
Securities Exchange Act of 1934 (15 U.S.C. §§ 78a through 78pp) (2012)		69W-700.015	http://www.flrules.org/___
SEC Rule 415 (17 C.F.R. § 230.415) (2-4-08)		69W-800.001(1)(d); 900.001(1)(c)	http://www.flrules.org/___
Section 10(a) of the Securities Act of 1933 (15 U.S.C. § 77j(a) (2012)		69W-900.001(1)(a)	http://www.flrules.org/___

(2) The material incorporated by reference in this rule may also be obtained from the Florida Office of Financial Regulation, Division of Securities’ website at http://www.flofr.com/StaticPages/DivisionOfSecurities.htm, except where noted in paragraph (1) above for copyright restrictions. Materials subject to copyright restrictions may be inspected and examined by contacting the Florida Office of Financial Regulation, Division of Securities, at 200 E. Gaines Street, Tallahassee, Florida 32399, (850)410-9500.

Rulemaking Authority 517.03(1), 517.1215(2), 517.1217 FS. Law Implemented 517.081, 517.12(4), 517.1215, 517.1217, 517.161(1) FS. History–New________.

NAME OF PERSON ORIGINATING PROPOSED RULE: Pamela Epting, Director, Division of Securities

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Financial Services Commission

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: May 13, 2014

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: April 15, 2014

Document Information

Comments Open:: 5/19/2014
Summary:: See above.
Purpose:: The Office of Financial Regulation (OFR) proposes to adopt new rule 69W-200.002 to consolidate all material incorporated by reference in Chapter 69W, F.A.C. into this rule. The proposed new rule will conform with Section 120.54(1)(i), F.S., identifying each material, its date, the effective date of incorporation, the referencing rule(s), and hyperlinks where the material can be accessed via the FAR or inspected at the OFR.
Rulemaking Authority:: 517.03(1), 517.1215(2), 517.1217 FS.
Law:: 517.081, 517.12(4), 517.1215, 517.1217, 517.161(1) FS.
Contact:: John Kim, Division of Securities, (850) 410-9781, john.kim@flofr.com
Related Rules: (1): 69W-200.002. General Industry Standards Incorporated by Reference