Florida Relaxes Securities and Investment Adviser Branch Office Regulations Due to COVID-19
In a proclamation, Russell Wiegel, Commissioner of the Florida Office of Financial Regulation (OFR) has suspended filing requirements for branch office locations of securities broker-dealers, issuer-dealers and investment advisers impacted by COVID-19. If a broker-dealer, issuer-dealer or investment adviser is required by the emergency 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 after establishing a new temporary office or space-sharing arrangement. The proclamation provides information where written notification can be sent by electronic mail.