Fla. Stat. 517.302
Criminal penalties; alternative fine; Anti-Fraud Trust Fund; time limitation for criminal prosecution

(1)

Whoever violates any of the provisions of this chapter is guilty of a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.

(2)

Any person who violates s. 517.301 by obtaining money or property of an aggregate value exceeding $50,000 from five or more persons is guilty of a felony of the first degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.

(3)

In lieu of a fine otherwise authorized by law, a person who has been convicted of or who has pleaded guilty or no contest to having engaged in conduct in violation of this chapter may be sentenced to pay a fine that does not exceed the greater of three times the gross value gained or three times the gross loss caused by such conduct, plus court costs and the costs of investigation and prosecution reasonably incurred.

(4)

There is created within the office a trust fund to be known as the Anti-Fraud Trust Fund. Any amounts assessed as costs of investigation and prosecution under this subsection shall be deposited in the trust fund. Funds deposited in the trust fund must be used, when authorized by appropriation, for investigation and prosecution of administrative, civil, and criminal actions arising under this chapter. Funds may also be used to improve the public’s awareness and understanding of prudent investing.

(5)

Criminal prosecution for offenses under this chapter is subject to the time limitations in s. 775.15.

Source: Section 517.302 — Criminal penalties; alternative fine; Anti-Fraud Trust Fund; time limitation for criminal prosecution, https://www.­flsenate.­gov/Laws/Statutes/2024/0517.­302 (accessed Aug. 7, 2025).

517.03
Rulemaking 517.07
Registration of securities 517.011
Short title 517.12
Registration of dealers, associated persons, intermediaries, and investment advisers 517.021
Definitions 517.32
Exemption from excise tax, certain obligations to pay 517.34
Protection of specified adults 517.051
Exempt securities 517.061
Exempt transactions 517.072
Viatical settlement investments 517.075
Cuba, prospectus disclosure of doing business with, required 517.081
Registration procedure 517.082
Registration by notification 517.101
Consent to service 517.111
Revocation or denial of registration of securities 517.121
Books and records requirements 517.122
Arbitration 517.131
Securities Guaranty Fund 517.141
Payment from the fund 517.151
Investments of the fund 517.161
Revocation, denial, or suspension of registration of dealer, investment adviser, intermediary, or associated person 517.171
Burden of proof 517.191
Enforcement by the Office of Financial Regulation 517.201
Investigations 517.211
Private remedies available in cases of unlawful sale 517.275
Commodities 517.301
Fraudulent transactions 517.302
Criminal penalties 517.313
Destroying certain records 517.315
Fees 517.0611
The Florida Limited Offering Exemption 517.0612
Florida Invest Local Exemption 517.0613
Failure to comply with a securities registration exemption 517.0614
Integration of offerings 517.0615
Solicitations of interest 517.0616
Disqualification 517.1201
Notice filing requirements for federal covered advisers 517.1202
Notice-filing requirements for branch offices 517.1205
Registration of associated persons specific as to securities dealer, investment adviser, or federal covered adviser identified at time of registration approval 517.1214
Continuing education requirements for associated persons of investment advisers and federal covered advisers 517.1215
Requirements, rules of conduct, and prohibited business practices for investment advisers and their associated persons 517.1217
Rules of conduct and prohibited business practices for dealers and their associated persons and for intermediaries 517.1611
Guidelines 517.2015
Confidentiality of information relating to investigations and examinations 517.2016
Public records exemption

Current through Fall 2025

§ 517.302. Crim. penalties; alternative fine; Anti-Fraud Trust Fund; time limitation for criminal prosecution's source at flsenate​.gov