Florida § 517.1215 - Requirements, rules of conduct, and prohibited business practices for investment advisers and their associated persons.
Full text of Florida Florida Statutes § 517.1215 — Requirements, rules of conduct, and prohibited business practices for investment advisers and their associated persons., with citation guidance and answers to common questions.
§ 517.1215. Requirements, rules of conduct, and prohibited business practices for investment advisers and their associated persons.
(1) The commission shall specify by rule requirements for investment advisers deemed to have custody of client funds which concern the following: (a) Notification of custody of, maintenance of, and safeguards for client funds. (b) Communications with clients and independent representatives. (c) Requirements for investment advisers who have custody of pooled investments. (d) Exceptions to the custody requirements. In adopting the rules, the commission shall consider the rules and regulations of the federal regulatory authority and the North American Securities Administrators Association, Inc. (2) The commission shall by rule establish rules of conduct and prohibited business practices for investment advisers and their associated persons. In adopting the rules, the commission shall consider general industry standards as expressed in the rules and regulations of the various federal and self-regulatory agencies and regulatory associations, including, but not limited to, the Securities and Exchange Commission, the Financial Industry Regulatory Authority, and the North American Securities Administrators Association, Inc.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 517.1215
What does Florida Statutes § 517.1215 cover?
Section 517.1215 ("Requirements, rules of conduct, and prohibited business practices for investment advisers and their associated persons.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 517.1215?
A common citation format is "Florida Statutes § 517.1215" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 517.1215 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.