OFR Legislative Initiative

~Stimulating the Formation of a Capital Funding Ecosystem~

The Office of Financial Regulation (OFR) is the primary regulator of the state-chartered and licensed financial services industry in Florida. We are seeking feedback for a legislative initiative to help stimulate the growth of a capital market for the financing of Florida businesses. Our goal is to promote Florida’s economy through the creation of a self-sustaining, in-state capital market where many newly formed businesses can obtain seed or expansion capital. The desired outcome is to have our residents and businesses obtain capital from within our state and ultimately remain in Florida and contribute to the state’s economy. We would appreciate your feedback and ideas on how to make this a reality. To submit feedback and ideas, click the featured framework proposals link and then click the contact form link in the document heading.

This page will be updated as new and unique feedback is received. THE OFR IS ONLY SUMMARIZING COMMENTS RECEIVED AND THESE COMMENTS MAY NOT ACCURATELY REFLECT CURRENT LAW AND DO NOT NECESSARILY REFLECT THE VIEWS OF THE OFR. Read the featured framework proposals.

Some of the proposals call for broader changes to Florida’s legal framework that are not within OFR’s purview but interested parties have expressed the importance of the inclusion of such issues in achieving a holistic approach to capital market formation. No ideas are discouraged as we seek to address the needs of Floridians. What would make Florida the best place in which to raise capital? What are your pain-points? Please add your thoughts and ideas to the feedback form. We request that you submit your ideas as soon as possible before August 2021 so they may be carefully considered.

The current Florida Securities and Investor Protection Act can be read here.

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Request a speaker if would like to have someone from OFR speak or present at your organization’s next event or meeting.