Any dealer or investment adviser who delays a disbursement or transaction of funds or securities from an account of a specified adult or an account for which a specified adult is a beneficiary or beneficial owner shall, not later than three (3) business days after the date on which the delay was first placed or extension of the delay applied, notify the Office of the delay or extension of the delay by submitting Form OFR-DLY, Notification of Delay of Disbursement/Transaction from Account of Specified Adult, effective 01-21. A sample form is hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-12577.
Rulemaking Authority 517.03(1), 517.034(3), (4) FS. Law Implemented Florida Statutes § 517.34. History-New 1-18-21.