The Office of Financial Regulation (OFR) is the primary regulator of the state-chartered and licensed financial services industries in Florida. We have drafted legislation to reform the Florida Securities and Investor Protection Act (Chapter 517, Florida Statutes) with the aim of stimulating 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 newly formed businesses can obtain seed or expansion capital. The desired outcome is to have Florida residents and businesses obtain capital from within our state and ultimately remain in Florida and contribute to the state’s economy.
We sought and received feedback from numerous Florida capital financing industry professionals, small business owners and from a task force formed by the Florida Bar.
We have taken the most prevalent responses and implemented them into our proposal. Please read the featured components of our legislation.
We welcome your feedback and ideas. Please submit your comments on the legislation through the survey.
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Please contact our office to learn more ways you can support our legislative initiative. Also, feel free to share this page and the feedback form with those in your community or network.
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