Call Now for a FREE Consultation (888) 513-3010

Florida Office of Financial Regulation (OFR) – Guidance to the State’s securities professionals in Light of Florida’s State of Emergency

On March 12, 2020, the Florida Office of Financial Regulation (OFR) provided guidance to Florida’s securities professionals regarding the novel coronavirus disease 2019 (COVID-19).  In the proclamation, Russell Wiegel, Commissioner of the OFR, authorized suspension of the filing requirements of branch office locations of dealers, issuers/dealers, and investment advisors in the areas impacted by COVID-19.  It provides that where conditions require a dealer, issuer/dealer, or investment advisor to relocate operations or displace personnel to a temporary location that is not currently noticed-filed as a branch office or identified as a regular non-branch location, best efforts should be used to provide written notification to the OFR as soon as possible, but not later than five (5) days, after establishing a new temporary office or space-sharing arrangement due to this emergency.  A link to the proclamation is below and provides information where written notification may be sent by electronic mail.

Securities COVID-19