Section 517.1611(1), F.S., requires the Financial Services Commission to adopt disciplinary guidelines for each ground for which disciplinary action may be imposed by the Office of Financial Regulation against individuals and firms that are subject to regulation under Chapter 517, F.S., the Florida Securities and Investor Protection Act. The proposed rule implements this statutory requirement. It is noted that a Notice of Development of Rulemaking for this proposed rule was published in the December 24, 2009, edition of the Florida Administrative Weekly. Based on comments received by the Office, changes were made to the proposed rule, which are reflected in this notice.