3333131, 69W-700.005 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 3333131

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Securities

Chapter:

REGISTRATION OF SECURITIES

Overview

RULE:

69W-700.005

Promoters Equity Investment Ratio

PURPOSE:

Chapter 2006-213, Laws of Florida, contains amendments to Chapter 517, Florida Statutes, relating to the Florida Securities and Investors Protection Act.  This law contains a number of provisions relating to the licensing and regulatory functions of the Office of Financial Regulation. Among other things, the law amends provisions concerning licensing, notice filings, and other regulatory provisions in the area of securities regulation. The proposed rules implement and reflect the statutory changes. The proposed rules provide that financial statements must be prepared in accordance with United States Generally Accepted Accounting Principles.

SUBJECT:

Florida Securities and Investors Protection Act.

RULEMAKING AUTHORITY:

517.03 FS.

LAW:

517.081 FS.

PRINT PUBLISH DATE:

12/22/2006 Vol. 32/51

RELATED STATUTES
AND LAWS:

517.03 FS., 517.081 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://flrules.org/gateway/ruleno.asp?id=69W-700.005&PDate=12/22/2006&Section=1

REFERENCE MATERIALS:

No reference(s).

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