Are there any rules governing advertising of securities?

Yes, there are rules in Florida concerning the advertising of securities. The Florida Securities and Investor Protection Act (FSIPA) requires that any advertisement of a security must comply with its provisions. This means that any advertisement that solicits the purchase or sale of a security must be registered with the Florida Office of Financial Regulation and must include certain information, such as the name and contact information of the issuer offering the security. All advertisements must also include details about the financial condition of the issuer, the intended use of the funds raised, the risks of investing in the security, and the past performance of the issuer, if applicable. In addition, advertisements must present information in a fair and balanced manner and not contain false or misleading statements intended to influence investors. Any advertisement containing any false statement or exaggeration of fact is prohibited. Finally, advertisements must also include a statement indicating that an offering of securities involves a high degree of risk and that a person considering the purchase of any security should consult with an appropriately registered Florida broker-dealer. All advertisements must also include a reference to the FSIPA. Failure to comply with these rules can result in significant fines and possible criminal prosecution.

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Are there any rules governing advertising of securities?

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