The purpose and effect is to amend existing rules to conform to and implement Chapter No. 2022-135, Laws of Florida, which was signed into law on May 25, 2022. The legislation newly defines the term “control person.” Specifically, ....

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

RULE NOS.:RULE TITLES:

69V-560.1000Disciplinary Guidelines

69V-560.1012Adoption of Forms

69V-560.102Application or Appointment Procedures and Requirements

69V-560.1021Effect of Law Enforcement Records on Applications for Money Services Business Licensure

69V-560.704Records to Be Maintained by Check Cashers

PURPOSE AND EFFECT: The purpose and effect is to amend existing rules to conform to and implement Chapter No. 2022-135, Laws of Florida, which was signed into law on May 25, 2022. The legislation newly defines the term “control person.” Specifically, the rules will be amended to incorporate the newly defined term in rule language and incorporated materials. In addition, the amendments will change certain penalty provisions found in Form OFR-560-09.

SUBJECT AREA TO BE ADDRESSED: Consumer Finance

RULEMAKING AUTHORITY: 215.405, 560.105, 560.1141, 560.118, 560.126, 560.141, 560.2085, 560.209, 560.310, 560.403,

LAW IMPLEMENTED: 112.011, 560.112.011, 560.109, 560.1092, 560.1105, 560.111, 560.113, 560.114, 560.1141, 560.118, 560.123, 560.1235, 560.125, 560.126, 560.128, 560.1401, 560.141, 560.143, 560.1235, 560.204, 560.205, 560.208, 560.2085, 560.209, 560.210, 560.211, 560.213, 560.303, 560.309, 560.310, 560.403, 560.404, 560.405, 560.406, 943.053

IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Sheila Harley, Office of General Counsel, [phone], [e-mail]

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.