Tag: office of financial regulation


OFR Warns Floridians About Investment Scams and Threats

The Office of Financial Regulation (OFR) offered a reminder to Floridians this week to be aware of investment scams and top investor threats when making an investment decision. The top threats for 2022 were determined...

Joe Harding Files Bill to Stimulate the Creation of a Capital Market Ecosystem in...

On Tuesday, the Office of Financial Regulation (OFR) announced that legislation to stimulate the creation of Florida’s capital market ecosystem has been filed by state Rep. Joe Harding, R-Williston. Harding’s bill reforms the Florida Securities...

Jimmy Patronis Advises OFR that Opting Out of Recurring Billing Should be Easier

This week, state Chief Financial Officer (CFO) Jimmy Patronis a letter to the Office of Financial Regulation (OFR) regarding measures to protect consumers from auto renewal subscription-based service fees related to popular media streaming...
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Florida Office of Financial Regulation Warns About Investment Schemes

Schemes related to these products were identified as the top threats facing investors this year in a survey by the North American Securities Administrators Association (NASAA), of which OFR is a member. The survey includes responses of enforcement officials with state and provincial securities regulators throughout the United States, Canada and Mexico.

Florida’s Leaders React to Proposed Budget from Ron DeSantis

Leaders across the Sunshine State weighed in after Gov. Ron DeSantis unveiled his $96.6 budget proposal on Thursday. The governor’s proposal is $4.3 billion more than last year’s budget due mostly to federal funds as the number of Floridians enrolled in Medicaid continues to increase.
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Jimmy Patronis Calls Out Credit Rating Agencies for Improperly Downgrading Floridians

Patronis recently called on Florida’s Office of Financial Regulation (OFR) to put consumers first and to work with the appropriate lenders and ratings agencies to get this issue resolved as soon as possible.

Ashley Moody Joins FTC and Other States in a Nationwide Crackdown on Abusive Debt...

In a joint effort with the Federal Trade Commission (FTC) and more than 50 federal and state law enforcement partners, the initiative involves enforcement actions brought by the FTC, three federal partners and 16 different state agencies against debt collectors engaged in these illegal practices.
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Florida Office of Financial Regulation Offers Consumer Alert About Coronavirus Scams

Florida’s CFO Jimmy Patronis and Florida Office of Financial Regulation (OFR) Commissioner Russell Weigel want Floridians to know that scammers are preying on Floridians’ fears surrounding COVID-19.
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Ron DeSantis Launches Efforts to Bring Financial Technology Companies to Florida

With the Legislature convening early next year in Tallahassee and committee meetings starting this week, DeSantis and Patronis said they will push for a bill to create a “regulatory sandbox” to help FinTech companies in the Sunshine State.