The bill CS/CS/HB 379 amends various sections of the Florida Statutes concerning securities regulation, focusing on definitions, exemptions, and filing requirements for securities issuers. It introduces new definitions such as "Branch manager," "General partner," and "Limited liability company," which clarify roles within the industry. The bill revises existing provisions regarding exemptions from registration and updates filing requirements under the Florida Invest Local Exemption law. It also specifies conditions for merger and acquisition brokers, introduces new provisions for the Securities Guaranty Fund, and outlines prohibitions against misrepresentations in securities transactions, all aimed at streamlining the regulatory framework while ensuring investor protection.

Additionally, the bill modifies the registration and renewal processes for dealers and investment advisers, establishing that registrations will expire on December 31 of the effective year unless renewed, with a new fee structure replacing previous language. It introduces a waiver for the assessment fee for certain individuals, including active military members and recent veterans. The bill also updates requirements for intermediaries, clarifies definitions, and enhances consumer protection against financial exploitation by allowing delays in transactions under specific circumstances. Overall, these amendments aim to improve regulatory oversight and consumer protections within Florida's securities landscape.

Statutes affected:
H 379 Filed: 517.0612, 517.0614, 517.0616, 517.075, 517.211, 517.315
H 379 c1: 517.0612, 517.0614, 517.0616, 517.075, 517.301, 517.211, 517.315
H 379 c2: 517.0612, 517.0614, 517.0616, 517.075, 517.301, 517.34, 517.211, 517.315