Office of Program Policy Analysis and Government Accountability
Office of Program Policy Analysis and Government Accountability

Department of Financial Services

Office of Financial Regulation

What is the purpose of the office?

The mission of the Office of Financial Regulation (OFR) is to protect the citizens of Florida, promote a safe and sound financial marketplace, and contribute to the growth of Florida's economy with smart, efficient and effective regulation of the financial services industry.

What are the functions of the office?

OFR provides regulatory oversight for Florida's financial services industry through three divisions and one bureau.
  • Division of Consumer Finance licenses and regulates non-depository financial service industries and individuals and conducts examinations and complaint investigations for licensed entities to determine compliance with Florida law.
  • Division of Financial Institutions conducts periodic risk-based examinations and ensures that each state-chartered financial institution meets state and federal requirements for safety and soundness.
  • Division of Securities administers and enforces compliance with the Florida Securities and Investor Protection Act, designed to protect the investing public and promote economic growth. The division regulates the sale of securities in, to or from Florida by firms (securities dealers, issuer dealers and investment advisers), branch offices, and individuals affiliated with these firms to determine compliance with Florida law.
  • Bureau of Financial Investigations is the criminal justice arm of the agency that conducts investigations of the financial services industry and participates in joint investigations with local, state, and federal law enforcement agencies.

What entities does the office regulate?

How can citizens find out if a company is registered to conduct business in Florida?

OFR maintains a website where citizens may verify the license of businesses and individuals it regulates. 

How are these activities funded?

Fiscal Year: 2021-22
Fund Dollars Positions
OFFICE OF FINANCIAL REGULATION
EXECUTIVE DIRECTION AND SUPPORT SERVICES
9,565,768
50.00
FINANCE REGULATION
10,576,381
85.00
FINANCIAL INVESTIGATIONS
3,977,552
44.00
SAFETY AND SOUNDNESS OF STATE BANKING SYSTEM
11,639,864
96.00
SECURITIES REGULATION
7,138,213
79.00
TOTAL
42,897,778
354.00

Where can I find related OPPAGA reports?

A complete list of related OPPAGA reports is available on our website.

Where can I get more information?

Reports
Fast Facts, Florida Office of Financial Regulation, January 2020.
A complete list of Auditor General reports on department operations is available on its website.
Websites of Interest
Office of Financial Regulation News
Florida Bankers Association
Florida International Bankers Association
Mortgage Bankers Association of Florida
Florida Association of Mortgage Professionals
League of Southeastern Credit Unions & Affiliates
Florida Securities Dealers Association
Performance Information
Performance measures and standards for the department may be found in its Long Range Program Plan.

What are the applicable statutes?

Chapters 494, 516, 517, 520, 537, 559, 560, 655, 657, 658, 660, 663, 665, 667, and 687, and s. 20.121 (3)(a)2, Florida Statutes.

Whom do I contact for help?

Office of Financial Regulation, 850-487-9687
Division of Consumer Finance, option 1
Division of Securities, option 2
Division of Financial Institutions, option 3

Website