Florida Office of Financial Regulation News

Vanguard settles $106 million over disclosure failures impacting thousands

Today, a significant settlement was announced involving Vanguard Marketing Corporation and The Vanguard Group, Inc. The Office of Financial Regulation (OFR), in collaboration with a task force of state securities regulators and the United States...

Bayview companies fined $20 million for cybersecurity failures

Today, the Office of Financial Regulation (OFR) and 52 state financial regulatory agencies announced a coordinated enforcement action against Bayview Asset Management LLC and its affiliates.

Deadline approaches for investment adviser continuing education

The Office of Financial Regulation (OFR) in Tallahassee, Florida, has issued a reminder to associated persons of investment advisers about the upcoming deadline for completing continuing education requirements.

Governor and Cabinet hold public meeting on financial services

The Financial Services Commission held a public meeting involving the Governor and Cabinet on December 17, 2024.

Florida's Office of Financial Regulation opens license renewal process for financial services

The Office of Financial Regulation (OFR) in Tallahassee, Florida, has announced the opening of the license renewal process for individuals and businesses licensed under various chapters of the Florida Statutes.

Alliance Credit Union of Florida placed under conservatorship

Florida's Office of Financial Regulation has placed the Alliance Credit Union of Florida in Gainesville under conservatorship, with the National Credit Union Administration (NCUA) appointed as conservator.

OFR issues proclamation to Florida securities professionals on hurricane preparedness

The Office of Financial Regulation (OFR) has issued a proclamation directed at securities professionals in Florida concerning Hurricanes Helene and Milton.

OFR issues proclamation to Florida securities professionals about hurricane impacts

Today, the Office of Financial Regulation (OFR) issued a proclamation to securities professionals in Florida concerning Hurricanes Helene and Milton.

Federal and state agencies offer regulatory relief after Hurricane Milton

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 have issued a joint statement addressing...

Agencies provide guidance for banks affected by Hurricane Milton

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 have issued a joint statement regarding supervisory practices for financial institutions impacted by Hurricane Milton. These agencies are offering regulatory assistance to affected institutions under their supervision.

OFR issues proclamation on Tropical Storm Milton

The Office of Financial Regulation (OFR) has issued a proclamation directed at Florida state-chartered financial institutions and securities professionals concerning Tropical Storm Milton.

OFR issues proclamation on Tropical Storm Milton

The Office of Financial Regulation (OFR) has released a proclamation addressing Florida state-chartered financial institutions and securities professionals in light of Tropical Storm Milton.

Office provides aid for Floridians facing Hurricane Helene's financial impact

Today, the Office of Financial Regulation (OFR) announced the availability of resources for Floridians affected by Hurricane Helene. These resources aim to assist residents in locating information about their financial services providers, including state-chartered banks, credit unions, mortgage servicers, and other financial entities.

Florida OFR offers aid for hurricane-hit residents seeking financial guidance

The Office of Financial Regulation (OFR) in Tallahassee, Florida, has announced the availability of resources for residents affected by Hurricane Helene.

Florida's OFR issues guidance on potential Tropical Cyclone Nine

The Office of Financial Regulation (OFR) has issued a proclamation concerning potential Tropical Cyclone Nine.

OFR advises financial sector on potential Tropical Cyclone Nine

The Office of Financial Regulation (OFR) has issued a proclamation concerning potential Tropical Cyclone Nine. The announcement is directed towards Florida state-chartered financial institutions and securities professionals.

Florida returns over $10K seized from cryptocurrency romance scam

The Office of Financial Regulation (OFR) has announced the recovery of more than $10,000 for a victim of a cryptocurrency-based romance scam. The case involves Sunday Adebola, a Nigerian national who was charged in October 2023 with grand theft, scheme to defraud, money laundering, fraudulent use of a money service business, and stolen valor. If he enters the United States, Adebola faces up to 30 years in prison.

OFR issues updated guidance for financial institutions on Hurricane Debby

The Office of Financial Regulation (OFR) has released an amended proclamation addressing Florida state-chartered financial institutions and securities professionals in light of Hurricane Debby

OFR issues amended proclamation for Florida financial entities on Hurricane Debby

The Office of Financial Regulation (OFR) has issued an amended proclamation directed at Florida state-chartered financial institutions and securities professionals in response to Hurricane Debby. The announcement aims to address the challenges posed by the hurricane.

Florida financial regulators issue update on Tropical Depression Four

The Office of Financial Regulation (OFR) has issued an amended proclamation concerning Tropical Depression Four.