The purpose and effect is to repeal unnecessary rules. The Office received a letter from the Joint Administrative Procedures Committee (JAPC) requesting the Office to review and advise as to the necessity of Rules 69T-8.001, ....

 

DEPARTMENT OF FINANCIAL SERVICES

Office of Financial Regulation

RULE NOS.:RULE TITLES:

69T-8.001Authority

69T-8.004Final Orders Required to be Indexed

69T-8.006Numbering of Final Orders

69T-8.007System for Indexing Final Orders

69T-8.008Maintenance of Records

69T-8.009Accessibility of Final Orders

PURPOSE AND EFFECT: The purpose and effect is to repeal unnecessary rules. The Office received a letter from the Joint Administrative Procedures Committee (JAPC) requesting the Office to review and advise as to the necessity of Rules 69T-8.001, 69T-8.004, 69T-8.006, 69T-8.007, Rule 69T-8.008, and 69T-8.009, F.A.C. Upon review, the Office determined that the rules were unnecessary, as section 120.53, F.S., no longer contained language that needed to be carried out or interpreted by the agency through rulemaking. Therefore, the rules are being repealed.

SUMMARY: The rules set forth the agency’s processes and procedures relating to the indexing, management, preservation, and availability of final orders and will be repealed as the rules are unnecessary.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:

The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.

The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: The Agency expressly relies on an analysis of potential impact conducted by persons with subject matter knowledge of this rule.

Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

RULEMAKING AUTHORITY: 494.0011(2), 516.23(3), 517.03(1), 520.994(5), 537.016(3), 560.105(2), 655.012(2)

LAW IMPLEMENTED: 120.53, 288.99(14)(b), 494.0011(2), 516.23(3), 520.994(5), 537.016(3), 655.012(2

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAR.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Sheila Harley, [phone], [e-mail]

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

69T-8.001 Authority.

Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1), 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented 120.53 FS. History–New 10-26-92, Formerly 3-8.001, Amended 5-15-07, Repealed ____________.

 

69T-8.004 Final Orders Required to be Indexed.

Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1), 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented 120.53 FS. History–New 10-26-92, Formerly 3-8.004, Amended 5-15-07, Repealed ____________.

 

69T-8.006 Numbering of Final Orders.

Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1), 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented 120.53 FS. History–New 10-26-92, Formerly 3-8.006, Amended 5-15-07, Repealed ____________.

 

69T-8.007 System for Indexing Final Orders.

Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1), 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented 288.99(14)(b), 494.0011(2), 516.23(3), 520.994(5), 537.016(3), 655.012(2) FS. History–New 10-26-92, Formerly 3-8.007, Amended 5-15-07, Repealed ____________.

 

69T-8.008 Maintenance of Records.

Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1), 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented 120.53 FS. History–New 10-26-92, Formerly 3-8.008, Amended 5-15-07, Repealed ____________.

 

69T-8.009 Accessibility of Final Orders.

Rulemaking Authority 494.0011(2), 516.23(3), 517.03(1), 520.994(5), 537.016(3), 560.105(2), 655.012(2) FS. Law Implemented 120.53 FS. History–New 10-26-92, Formerly 3-8.009, Amended 5-15-07, Repealed ____________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Gigi Holder

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Financial Services Commission

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: August 23, 2022