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. The OFR urges those affected to complete their renewals to maintain active license status.
Licensees operating under specific categories should renew through designated platforms by set deadlines. Those under FINRA Member Dealers, Investment Advisers, and Federal Covered Advisers are required to use the Central Registration Depository (CRD) or Investment Adviser Registration Depository (IARD) by December 26, 2024.
Canadian Dealers and Crowdfunding Intermediaries need to renew via the OFR's online licensing portal (REAL) by January 2, 2025. Similarly, entities holding licenses under Chapter 494 must use the National Multistate Licensing System & Registry (NMLS) before December 31, 2024.
Other businesses such as Commercial Collection Agencies, Consumer Collection Agencies, and others listed must also utilize the REAL system by December 31, 2024. The law mandates that all financial service providers have an active license with the OFR; otherwise, they cannot conduct business until reactivation or new application approval.
For assistance with accessing OFR’s REAL system, visit www.flofr.gov or call (850) 487-9687.