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.