The purpose and effect of the amended rule is to remove the disciplinary guidelines as found in the rule text and to transfer the disciplinary guidelines provisions to a form incorporated into the rule entitled "Office of Financial Regulation, Division of Consumer Finance, Disciplinary Guidelines for Money Services Businesses," to amend the section specifying the mitigating and aggravating factors the Office shall consider in determining appropriate penalties, to adopt new forms, to readopt old forms and revise names of old forms, to update rule text to clarify the Division’s name and zip code, to delete and amend definition language, to update Florida Department of Law Enforcement’s Livescan website link, to remove provisions allowing for extra calculated time for dates falling on the weekend or legal holidays, to revise and clarify reimbursement rates for examinations, to clarify the records required to be maintained related to inbound and outbound transmissions, to update citations to federal laws and rules, to clarify the documents required to be maintained in customer files, to delete certain definitions found in 69V-560.704, to define the phrase “its own commercial account” as referenced in section 560.309(3), F.S., to clarify termination of electronic log requirements, to specify information required to be submitted into the check cashing database, to update and clarify current statutory citations in rule text, to provide the current rulemaking authority for the rules, and to remove obsolete statutory references in the law implemented section of rule text.