The purpose and effect is to conform the rules to Chapter 2023-205, Laws of Florida, which amended chapter 517, Florida Statutes, to no longer require the registration of issuers or their associated persons and to clarify ....  

  •  

    DEPARTMENT OF FINANCIAL SERVICES

    Securities

    RULE NOS.:RULE TITLES:

    69W-500.006Commissions and Compensation Payable in Connection with an Offering Exempted Pursuant to Section 517.061(11), F.S

    69W-500.011Registration of Issuer Under Section 517.061(11), F.S., as Dealer

    PURPOSE AND EFFECT: The purpose and effect is to conform the rules to Chapter 2023-205, Laws of Florida, which amended chapter 517, Florida Statutes, to no longer require the registration of issuers or their associated persons and to clarify who may receive commissions and compensation for the sale of an issuer’s securities.

    SUBJECT AREA TO BE ADDRESSED: Securities Regulation.

    RULEMAKING AUTHORITY: 517.03, FS.

    LAW IMPLEMENTED: 517.061(11), 517.12(1), 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, (850)410-9803, Ryann.White@flofr.gov.

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

Document Information

Purpose:
The purpose and effect is to conform the rules to Chapter 2023-205, Laws of Florida, which amended chapter 517, Florida Statutes, to no longer require the registration of issuers or their associated persons and to clarify who may receive commissions and compensation for the sale of an issuer’s securities.
Rulemaking Authority:
517.03, FS.
Law:
517.061(11), 517.12(1), FS.
Related Rules: (2)
69W-500.006. Commissions and Compensation Payable in Connection with an Offering Exempted Pursuant to Section 517.061(11), F.S
69W-500.011. Registration of Issuer Under Section 517.061(11), F.S., as Dealer