11525072, 69W-500.004 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 11525072

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Securities

Chapter:

EXEMPT TRANSACTIONS

Overview

RULE:

69W-500.004	Computation of Number of Purchasers for Purposes of Section 517.061(11), F.S
69W-500.007	General Solicitation or General Advertising in Connection with an Offering Exempted Under Section 517.061(11), F.S
69W-500.013	Exemption/Mobile Home Parks/Limited Purpose Stock Offering

PURPOSE:

Rule 69W-500.004, F.A.C., is to be amended to strike subparagraphs (1)(a), (b), and (c), which are redundant of statutes. Rule 69W-500.007, F.A.C., is to be amended to define general solicitation or general advertising to include electronic media other than television or radio. Rule 69W-500.013, F.A.C., is to be amended to strike ssubsection (5), as this provision is unnecessary.

SUBJECT:

Regulation of Securities – Exempt Transactions.

RULEMAKING AUTHORITY:

517.03 FS.

LAW:

517.061(11), 517.061(18) FS.

PRINT PUBLISH DATE:

5/25/2012 Vol. 38/21

RELATED STATUTES
AND LAWS:

517.03 FS., 517.061(11), 517.061(18) FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://www.flrules.org/gateway/ruleno.asp?id=69W-500.004&PDate=5/25/2012&Section=1

REFERENCE MATERIALS:

No reference(s).

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