Fingerprint Requirements, Rules of Conduct, Prohibited Business Practices for Dealers and Their Associated Persons, Prohibited Business Practices for Investment Advisers and Their Associated Persons, Custody Requirements for Investment Advisers, Use ...

 

DEPARTMENT OF FINANCIAL SERVICES

Securities

RULE NOS.:RULE TITLES:

69W-600.006Fingerprint Requirements

69W-600.012Rules of Conduct

69W-600.013Prohibited Business Practices for Dealers and Their Associated Persons

69W-600.0131Prohibited Business Practices for Investment Advisers and Their Associated Persons

69W-600.0132Custody Requirements for Investment Advisers

69W-600.0133 Use of Senior – Specific Certifications and Professional Designations by Associated Persons and Investment Advisers

69W-600.014Books and Records Requirements

69W-600.015Financial Reporting Requirements – Statement of Financial Condition – Dealers and Investment Advisers

69W-600.016Net Capital Requirements for Dealers and Investment Advisers

69W-600.017Customer Protection Rule – Reserve Requirements and Custody of Customer Funds and Securities

69W-600.020Continuing Education Requirements

NOTICE OF CHANGE

Notice is hereby given that the following changes have been made to the proposed rule in accordance with subparagraph 120.54(3)(d)1., F.S., published in Vol. 40, No. 97, May 19, 2014 issue of the Florida Administrative Register.

Following comment by the Joint Administrative Procedures Committee, the Purpose and Effect statement in the Notice is revised to add an additional statement regarding the purpose of the amendments, is corrected to strike the word “all,” in light of the fact that the Office's forms continue to be incorporated in Rule 69W-301.002, and the Summary statement is revised:

PURPOSE AND EFFECT: The rules are proposed for amendment to: update references to incorporated material; correct cross-references; adopt FINRA 3240 in whole in Rule 69W-600.013, F.A.C. (previously adopted only in part); adopt MSRB Definitional Rules D-13, D-14, G-42, and G-43; adopt appendices E, F, and G to SEC Rule 15c3-1 in Rule 69W-600.016, F.A.C.; and adopt Exhibit A of SEC Rule 15c3-3 in Rule 69W-600.017, F.A.C. The Office of Financial Regulation proposes to consolidate all material incorporated by reference in Chapter 69W, F.A.C. into a new proposed Rule 69W-200.002, F.A.C. that conforms with Section 120.54(1)(i), F.S. The proposed amendments would reference Rule 69W-200.002, F.A.C., where the material can be accessed via the FAR. The purpose and effect of the amendments is to incorporate the latest version of each material, and the purpose of placing material into Rule 69W-200.002 F.A.C., is to streamline the process by which the latest version of each material can be incorporated by reference pursuant to Section 120.54(1)(i), F.S. and therefore keep such regulations current.

SUMMARY: The rules are proposed for amendment to: update references to incorporated material; correct cross-references; adopt FINRA 3240 in whole in Rule 69W-600.013, F.A.C. (previously adopted only in part); adopt MSRB Definitional Rules D-13, D-14, G-42, and G-43; adopt appendices E, F, and G to SEC Rule 15c3-1 in Rule 69W-600.016, F.A.C.; and adopt Exhibit A of SEC Rule 15c3-3 in Rule 69W-600.017, F.A.C. See above.