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FL S7010

Bill

Status

Passed

5/22/2015

Primary Sponsor

Banking and Insurance

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Amends section 517.2016, Florida Statutes to define "examination techniques or procedures" as the methods, processes, and guidelines used by the Office of Financial Regulation to evaluate regulatory compliance and document violations under the Florida Securities and Investor Protection Act.

  • Maintains the public records exemption that keeps information about examination techniques or procedures confidential and exempt from public disclosure requirements under Florida law.

  • Allows the Office of Financial Regulation to share confidential examination technique information with other governmental entities that have oversight, regulatory, or law enforcement authority.

  • Removes the sunset clause that would have automatically repealed the exemption on October 2, 2015, making the exemption permanent unless future legislation changes it.

  • Takes effect October 1, 2015.

Legislative Description

OGSR/Examination Techniques or Procedures/Office of Financial Regulation

Last Action

Chapter No. 2015-72

5/22/2015

Committee Referrals

Rules3/4/2015
Governmental Oversight and Accountability2/6/2015
Banking and Insurance1/26/2015

Full Bill Text

No bill text available