11675422, 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: 11675422

Notice of Proposed Rule

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 proposed for amendment to strike subparagraphs (1)(a), (b) and (c), which are redundant of Section 517.061(11), F.S. Rule 69W-500.007, F.A.C., is recommended for amendment to update definitions for general solicitation or general advertising to include electronic media other than television or radio. Rule 69W-500.013, F.A.C., is recommended for amendment to strike subsection (5) as this provision conflicts with Section 517.061, F.S.

SUMMARY:

Rule 69W-500.004, F.A.C., is proposed for amendment to strike paragraphs (1)(a), (b) and (c), which are redundant of Section 517.061(11), F.S. Rule 69W-500.007, F.A.C., is recommended for amendment to update definitions for general solicitation or general advertising to include electronic media other than television or radio. Rule 69W-500.013, F.A.C., is recommended for amendment to strike subsection (5) as this provision conflicts with Section 517.061, F.S.

RULEMAKING AUTHORITY:

517.03 FS.

LAW:

517.061 FS.

PRINT PUBLISH DATE:

7/6/2012 Vol. 38/27

COMMENTS:

From 7/6/2012 To 7/27/2012 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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