The purpose and effect is to incorporate updated forms, to replace “Federal Savings and Loan Insurance Corporation” with “Federal Deposit Insurance Corporation,” to clarify when registration involving the sale of non-voting ....

 

DEPARTMENT OF FINANCIAL SERVICES

Securities

RULE NOS.:RULE TITLES:

69W-700.001Registration of Securities

69W-700.002Filing of Prospectus

69W-700.003Content of Prospectus

69W-700.006Voting Rights

69W-700.007Options or Warrants Granted Underwriters

69W-700.008Options and Warrants to Officers, Employees and Others

69W-700.010Preferred Stock or Debt Securities

69W-700.012Oil and Gas Participation Plans

69W-700.014Real Estate Investment Trusts (REIT)

69W-700.015Offering Price of Equity Securities

69W-700.030Advertising and Sales Literature

PURPOSE AND EFFECT: The purpose and effect is to incorporate updated forms, to replace “Federal Savings and Loan Insurance Corporation” with “Federal Deposit Insurance Corporation,” to clarify when registration involving the sale of non-voting common stock or other equity security interest will not be permitted, to specifically include limited liability companies, to use consistent terms, to incorporate the definition of “promotional securities” from Rule 69W-200.001, F.A.C., and to clarify the requirements for use of advertising in connection with a registered securities offering.

SUBJECT AREA TO BE ADDRESSED: Securities Regulation.

RULEMAKING AUTHORITY: 517.03, FS.

LAW IMPLEMENTED: 517.03, 517.07, 517.081, 517.101, FS.

IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Ryann White, Office of General Counsel, [phone], [e-mail].

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.