The Office proposes to amend rule 69W-600.0131 to add new prohibited business practices for investment advisers and associated persons: 1) violations of SEC Rule 204-1 (to be incorporated in 69W-200.002) which requires, among other things, investment advisers to annually update their registration form; 2) failure to concurrently send clients invoices for investment advisers who directly deduct fees from client accounts; and 3) failure to establish, maintain, and enforce written policies and procedures for compliance with Chapters 517, F.S., and 69W, F.A.C. Amendments also clarify the statutory implementation of the rule and the applicability of federal standards incorporated by reference. SEC Rule 206(4)-4 is also stricken from subsection (1)(a) as it no longer contains substantive language.