MEMO Financial Services on September 13, 2016.; The petition seeks the Office’s interpretation and opinion as to whether Petitioner's proposed business model (of developing an electronic money order, to pay everyday consumer bills, to facilitate ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

NOTICE IS HEREBY GIVEN that the Office of Financial Regulation has received the petition for declaratory statement from MEMO Financial Services on September 13, 2016. The petition seeks the agency’s opinion as to the applicability of Electronic Money Orders, as it applies to the petitioner.

The petition seeks the Office’s interpretation and opinion as to whether Petitioner’s proposed business model (of developing an electronic money order, to pay everyday consumer bills, to facilitate secured online purchases, and an electronic wallet) remains in compliance with all laws and regulations.

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] by October 13, 2016.