Industry Alerts

04/01/2020

Tallahassee, Fla. - The Florida Office of Financial Regulation (OFR) today provided an update regarding the OFR Division of Securities' business operations and precautions that we're taking during this time to protect the health and safety of our employees and licensees. Operational Update for Securities Businesses & Professionals While OFR locations are closed to the public, our employees are teleworking and we're open for business. Please do not hesitate...

03/31/2020

Tallahassee, Fla. - The Florida Office of Financial Regulation (OFR) today issued an emergency order to extend certain filing deadlines, occurring in March and April 2020. Certain filing deadlines for mortgage brokers, mortgage lenders, money service businesses, and securities businesses and professionals occurring in March and April 2020, are extended for a period of 45 days. Certain filing deadlines for state trust companies, registered family trust companies, state-chartered banks, and credit...

03/20/2020

Tallahassee, Fla. - The Florida Office of Financial Regulation (OFR) today issued guidance to Florida's consumer finance businesses and professionals. The OFR also issued an emergency order to extend OFR license renewal deadlines, occurring in March and April 2020, for a period of 30 days. OFR Consumer Finance Guidance Regarding COVID-19 OFR Emergency Order Regarding Renewal Deadlines.

03/18/2020

Tallahassee, Fla. - The Florida Office of Financial Regulation (OFR) today provided an update to Florida’s financial institutions regarding the novel coronavirus disease 2019 (COVID-19). Update to Florida State-Chartered Financial Institutions Regarding COVID-19 Financial institutions in Florida are working with individuals and businesses to meet their financial needs. OFR will continue to communicate with state and federal agencies and the financial services industry regarding the latest..

03/12/2020

Tallahassee, Fla. - The Florida Office of Financial Regulation (OFR) today provided informational guidance to Florida’s financial institutions regarding the novel coronavirus disease 2019 (COVID-19). Guidance to Florida State-Chartered Financial Institutions Regarding COVID-19 Federal Financial Institution Examination Council (FFIEC) Pandemic Guidance: https://www.ffiec.gov/press/pr030620.htm Financial institutions in Florida remain ready to work with Floridians to meet their financial needs.

03/12/2020

Tallahassee, Fla. - The Florida Office of Financial Regulation (OFR) today provided guidance to Florida’s securities professionals regarding the novel coronavirus disease 2019 (COVID-19). Guidance to Florida Securities Professionals Regarding COVID-19 Financial services providers in Florida remain ready to work with Floridians to meet their financial needs. OFR is continuing to work with state and federal agencies to communicate the latest developments regarding COVID-19 to the financial...

08/30/2019

Tallahassee, Fla. – Florida’s financial services providers stand ready to work with Floridians to meet their financial needs. The Office of Financial Regulation (OFR) has issued two proclamations providing guidance to Florida’s financial institutions and securities professionals across the state in preparation for Hurricane Dorian's impact. Florida Financial Institutions Proclamation Florida Securities Professionals Proclamation OFR is continuing to work with state and..

01/30/2019

Tallahassee, Fla. – The Florida Office of Financial Regulation reminds consumer finance businesses and individuals licensed under Chapters 494, 516, 520, and 560, Florida Statutes, that the deadline to timely renew has passed. These licenses include: Loan originators Mortgage brokers and branches Mortgage lenders and branches Consumer finance companies Motor vehicle installment sellers Retail installment sellers Home improvement installment sellers Sales finance companies Check cashers Foreign...

01/28/2019

Tallahassee, Fla. – The Florida Office of Financial Regulation reminds securities businesses registered under Chapter 517, Florida Statutes, that the deadline to timely renew has passed. However, the option is still available for securities dealers and investment adviser firms to renew their registration with a reinstatement fee through January 31, 2019. Canadian Broker/Dealers, Issuer/Dealers and Crowdfunding Intermediaries may login to OFR’s Regulatory Enforcement and Licensing...

12/14/2018

Don't wait - renew your license today! Tallahassee, Fla. - The Florida Office of Financial Regulation’s (OFR) renewal cycle is well underway for businesses and individuals licensed with OFR under Chapters 494, 516, 517, 520, 559, F.S., and a portion of the businesses licensed under Chapter 560, F.S. Businesses and individuals are reminded to complete the renewal process to maintain their active license status. Florida law requires businesses and individuals to have an active license with...