Fla. Admin. Code Ann. R. 69W-900.001 - Disclosure of Business Activities in Cuba

(1) For purposes of Section 517.075, F.S., a prospectus shall be defined as:

(a) A final prospectus containing the information required by Section 10(a) of the Securities Act of 1933 (15 U.S.C. § 77j(a)), which is incorporated by reference in Rule 69W-200.002, F.A.C. for securities registered pursuant to Section 517.082, F.S.; or

(b) A final prospectus in the form prescribed by Rule 69W-700.003, F.A.C., for securities registered pursuant to section 517.081, F.S.

(c) The term prospectus shall not include amendments or supplements to a prospectus that is part of a registration statement filed with the Securities and Exchange Commission under Rule 415 of the Securities Act of 1933 (17 C.F.R. § 230.415), which is incorporated by reference in Rule 69W-200.002, F.A.C.

(2) The disclosure and notice requirements of Section 517.075, F.S., apply only to issuers filing initial or renewal applications for securities registration pursuant to Section 517.081 or 517.082, F.S., on or subsequent to April 10, 1992, who:

(a) Conduct business or have affiliates who conduct business in or with Cuba;

(b) Commence doing business in or with Cuba after the issuer's securities become effective with the Office of Financial Regulation; or

(c) Are required by Florida Law to report a material change in information previously reported regarding business conducted in or with Cuba.

(3) The Office of Financial Regulation's CUBA FORM, Disclosure of Business Activities in Cuba Form, Effecitve 11/22/10, is hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-11272, shall be used to notify the Office of Financial Regulation of any business or change in business as required by subsection (3) of Section 517.075, F.S.

(a) When required by Section 517.075, F.S., such form shall be filed with the Office of Financial Regulation.

(b) The obligation to provide updated information required by Section 517.075(3), F.S., shall terminate when the distribution of the securities has been completed.

Notes

Fla. Admin. Code Ann. R. 69W-900.001

Rulemaking Authority 517.075 FS. Law Implemented 517.075 FS.

New 8-17-92, Formerly 3E-900.001, Amended 11-22-10, Amended by Florida Register Volume 40, Number 175, September 9, 2014 effective 9/22/2014, Amended by Florida Register Volume 45, Number 221, November 13, 2019 effective 11/25/2019.

New 8-17-92, Formerly 3E-900.001, Amended 11-22-10, 9-22-14, 11-25-19.