Registration involving the sale of non-voting common stock or other equity security interests will not be permitted unless:

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    (1) The cover of the prospectus includes a specific warning and a cross reference to a specific, appropriate risk factor; and,
    (2) Full and complete disclosure is made to the prospective purchaser and imprinted on the cover of the prospectus in bold face type in a contrasting color is the following notation: “”THESE SECURITIES DO NOT ENTITLE THE HOLDER THEREOF TO VOTE.””
Rulemaking Authority 517.03 FS. Law Implemented 517.081(7) FS. History-New 9-20-82, Formerly 3E-700.06, Amended 10-14-90, Formerly 3E-700.006, Amended 9-22-14.