Patrick Imperato.; On 10/8/2018, the Florida Office of Financial Regulation (Consumer Finance) received a Petition for Declaratory Statement from Patrick Imperato. The petition seeks a declaratory statement from the Office on whether his proposed ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

NOTICE IS HEREBY GIVEN that the Florida Office of Financial Regulation has received the petition for declaratory statement from Patrick Imperato. The petition seeks the agency’s opinion as to the applicability of Chapter 560, Florida Statutes, as it applies to the petitioner.

On 10/8/2018, the Florida Office of Financial Regulation (Consumer Finance) received a Petition for Declaratory Statement from Patrick Imperato. The petition seeks a declaratory statement from the Office on whether his proposed business model (to help Americans get foreign currency before they travel abroad, and exchange what they have left upon return. Customers would purchase the currency online (through a website or an app) and have it shipped to their homes) falls under the Florida Money Transmitter Statute, Chapter 560, Florida Statutes.

A copy of the Petition for Declaratory Statement may be obtained by contacting: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone], [e-mail].

Please refer all comments to: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone], [e-mail].