Industry Alerts

12/12/2024

Tallahassee, Fla. – The Office of Financial Regulation (OFR) reminds the associated persons of investment advisers to complete your continuing education before December 26, 2024, to maintain their active registration status.

12/02/2024

Tallahassee, Fla. – The license renewal process is open for those licensed with the Office of Financial Regulation (OFR) under chapters 494, 516, 520, 559, Florida Statutes, and a portion of those licensed under chapters 517, and 560, Florida Statutes. The OFR reminds businesses and individuals to complete the renewal process to maintain their active license status.

10/27/2024

Today, the Office of Financial Regulation issued a proclamation to Florida securities professionals regarding Hurricanes Helene and Milton.

10/15/2024

The Federal Deposit Insurance Corporation, the Federal Reserve Board, the Florida Office of Financial Regulation, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of Hurricane Milton on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision. The agencies encourage institutions operating in the affected areas to meet the financial services needs of their communities.

10/06/2024

Today, the Office of Financial Regulation issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding Tropical Storm Milton.

09/24/2024

The Office of Financial Regulation today issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding potential Tropical Cyclone Nine.

08/07/2024

The Office of Financial Regulation today issued an amended proclamation to Florida state-chartered financial institutions and securities professionals regarding Hurricane Debby.

08/03/2024

The Office of Financial Regulation today issued an amended proclamation to Florida state-chartered financial institutions and securities professionals regarding Tropical Depression Four.

08/02/2024

The Office of Financial Regulation today issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding Invest 97L.

06/12/2024

The Office of Financial Regulation today issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding Invest 90L - South Florida Flash Flooding

05/13/2024

The Office of Financial Regulation today issued an amended proclamation to Florida state-chartered financial institutions and securities professionals regarding the May North Florida Tornadoes.

05/10/2024

The Office of Financial Regulation today issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding the May North Florida Tornadoes.

01/09/2024

The Office of Financial Regulation today issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding the January winter storm.

11/17/2023

Tallahassee, Fla. - The license renewal process is open for those licensed with the Office of Financial Regulation (OFR) under Chapters 494, 517, 559, Florida Statutes, and a portion of those licensed under Chapter 560, Florida Statutes. The OFR reminds businesses and individuals to complete the renewal process to maintain their active license status. Businesses and individuals holding the below license types should renew through the Central Registration Depository (CRD) or Investment Adviser Registration...

08/29/2023

The Office of Financial Regulation today issued amended proclamations to Florida state-chartered financial institutions and securities professionals regarding Hurricane Idalia.

08/28/2023

The Office of Financial Regulation today issued proclamations to Florida state-chartered financial institutions and securities professionals regarding Tropical Storm Idalia.

08/28/2023

The Office of Financial Regulation today issued amended proclamations to Florida state-chartered financial institutions and securities professionals regarding Tropical Storm Idalia.

06/27/2023

Tallahassee, Fla. - Today, the Office of Financial Regulation (OFR) notified all licensed check cashers of statutory changes to chapter 560, Florida Statutes, related to cashing corporate checks. House Bill 1185 was signed into law on May 24, 2023, and becomes effective July 1, 2023. The bill makes the following changes to chapter 560, Florida Statutes: Creates subsection 560.309(11), Florida Statutes, which prohibits a licensed check casher from cashing “corporate checks where...

03/14/2023

Tallahassee, Fla. – The Office of Financial Regulation (OFR) today reminds Money Transmitter Part II licensees with an expiration year of 2023, to complete the renewal process on or before May 1, 2023, to maintain their active license status. Don’t wait; renew your license online today. Please visit www.flofr.gov/sitePages/MoneyTransmitters.htm, for more information on Money Transmitter Part II license requirements. Florida law requires businesses and...

12/02/2022

Tallahassee, Fla. - The Office of Financial Regulation (OFR) today announced that it issued warning letters, subpoenas and/or document requests to more than a dozen unlicensed check-cashing entities that advertised check-cashing services at their locations, including check cashing through the use of purported “self-service check-cashing machines.” A warning letter was also issued to an unlicensed, out-of-state entity for supplying, maintaining and sharing fees derived from the unlawful operation...