2007 Florida Statutes
Securities, investments, boiler rooms; prohibited practices; remedies.
517.312 Securities, investments, boiler rooms; prohibited practices; remedies.--
(1) It is unlawful and a violation of this chapter for any person:
(b) To directly or indirectly manage, supervise, control, or own, either alone or in association with others, any boiler room in this state which sells or offers for sale any security or investment in violation of paragraph (a).
(2) Any purchaser of a security or investment sold in violation of subsection (1) is entitled to rescind such purchase at any time and recover damages as provided in s. 517.211(3)(a), (4), and (6).
History.--ss. 11, 15, ch. 84-159; ss. 14, 15, ch. 90-362; s. 4, ch. 91-429.