Florida securities licensing requirements

An applicant for licensure under Chapter , Florida Statutes, may be asked for his or her Social Security number to enable the Florida Office of Financial Regulation to perform its duties and responsibilities prescribed by law. Sections Bureau of Registration: processes and evaluates applications for firms and individuals seeking registration to conduct business in Florida.

Bureau of Enforcement: conducts examinations of registered securities dealers, investment advisers, branch offices and associated persons to determine compliance with the Securities and Investor Protection Act. You must submit proof of successful completion of a minimum of 40 hours of professional training provided by a security officer school or training facility licensed by the Florida Department of Agriculture and Consumer Services.

Schedule an appointment online to complete your application at a regional office near you. Please note you do not need to complete an application form in advance of your appointment. Box Tallahassee, FL The state of Florida neither endorses links nor approves of links to external sources. External links are made available for the convenience of the internet user.

The state of Florida takes no responsibility for a link's operation or content. The links that are shown are not an exclusive listing of organizations available within the state.

The servicing license authorizes a mortgage lender to service a loan for more than 4 months. MLB: Mortgage Lender Branch — Chapter , Florida Statutes: This license is required for mortgage lender licensees who conduct business at locations other than their principal place of business: The address of which appears on business cards, stationery, or advertising used by the licensee in connection with business conducted under this chapter; At which the licensee's name, advertising or promotional materials, or signage suggests that mortgage loans are originated, negotiated, or funded; At which mortgage loans are originated, negotiated, or funded by a licensee.

Mortgage Lender Servicer Branch — This license is required for mortgage lender servicer licensees who conduct business at locations other than their principal place of business: The address of which appears on business cards, stationery, or advertising used by the licensee in connection with business conducted under this chapter; At which the licensee's name, advertising or promotional materials, or signage suggests that mortgage loans are serviced; or At which mortgage loans are serviced by a licensee.

This license authorizes the holder to sell currency in exchange for payment instruments received, except for traveler's checks and foreign-drawn payment instrumentation. A "deferred presentment provider" is licensed under Chapter , Florida Statutes, Part II or Part III, and engages in a deferred presentment transaction, which is to provide currency or a payment instrument in exchange for a person's check and agreeing to hold the person's check for a period of time prior to presentment, deposit, or redemption.

The license authorizes the holder to exchange currency of the U. This license authorizes the holder to transmit currency, monetary value, or payment instruments, either by wire, facsimile, electronic transfer, courier, the Internet, or through bill payment services or other businesses that facilitate such transfer, within this country or to or from locations outside this country.

The license authorizes the holder to sell or issue checks, drafts, warrants, money orders, traveler's checks or other instruments, or to advertise such activity, for consideration. This license is required by firms that sell and finance automobiles, trucks, trailers, RV's, motorcycles, and mobile homes. In addition to the main location license, any subsequent location in another county other than the main office must be filed as a MVB: Motor Vehicle Retail Installment Branch Office by way of online.

RS: Retail Installment Seller — Chapter Part II, Florida Statutes: The license authorizes any retail business to offer installment payments to its customers, for goods or services other than motor vehicle and home improvement businesses. The license authorizes the holder to finance the goods or services sold by an installment contract or a revolving charge account to a retail buyer. The license is required if the goods or services are primarily for personal, family or household use.

In addition to the main location license, any subsequent location other than the main office must be filed as a RSB: Retail Installment Seller Branch by way of online. SF: Sales Finance — Chapter Part III, Florida Statutes: The license authorizes any business to purchase retail installment contracts from entities licensed in Florida as motor vehicle installment sellers, retail installment sellers or home improvement finance sellers.

In addition to the main location license, any subsequent location other than the main office must be filed as a SFB: Sales Finance Company Branch by way of Online Services. The license is required for a contractor who repairs, remodels or adds improvements to a single family residence pursuant to a written agreement, and when a mortgage lien on the property is retained as security.

A home improvement contractor may also need a Retail Installment Seller license for contracts on which there is no mortgage taken as security for the loan.

In addition to the main location license, any subsequent location other than the main office must be filed as a HIB: Home Improvement Finance Seller Branch by way of online.

Securities Qualification Registration by Intra-State or Merit Review Qualification authorizes the holder to sell or make an offering of securities within this state under Section It is unlawful and a violation of Chapter Securities offered or sold pursuant to a registration statement filed under the Securities Act of with the U.

Securities and Exchange Commission are entitled to registration by Notification pursuant to the requirements of Section TLL: Title Loan Companies: The license authorizes the holder to engage in the business of making or servicing title loans by means of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle, except such loan made by a person licensed under Chapter , Chapter , Chapter , Chapter , Chapter , Chapter , Chapter , Chapter , or Chapter , Florida Statutes or a person who complies with Chapter License Requirements for New Applicants.

Apply for a License. Firm A dealer that is located in Canada, does not have an office or other physical presence in this state, and may effect transactions in securities on a limited basis. Collection Agencies Commercial Collection Agencies COM: Commercial Collection Agencies — Chapter Part V, Florida Statutes: The registration authorizes the holder to collect or solicit collection for commercial claims, asserted to be owed or due to another person, including third party collectors assignee of debts made by commercial business.

Consumer Collection Agencies CCA: Consumer Collection Agencies — Chapter Part VI, Florida Statutes: This registration authorizes the holder to collect or attempt to collect consumer debts, asserted to be owed or due to another person, including third party collectors assignee of debts made by individual consumers.

Crowdfunding Intermediary An intermediary is a natural person residing in the state or a corporation, trust, partnership, association, or other legal entity registered with the Secretary of State to do business in the state, which facilitates the offer or sale of securities under Chapter Dealers - FINRA Member Associated Person Associated person of a dealer means any person who for compensation refers, solicits, offers, or negotiates for the purchase or sale of securities.

Branch Office Branch office means any location in this state of a dealer or investment adviser where one or more associated persons regularly conduct the business of rendering investment advice or effecting any transactions in, or inducing or attempting to induce the purchase or sale of any security, or any location that is held out as such.

Dealers - NonFINRA Member Associated Person Associated person of a dealer means any person who for compensation refers, solicits, offers, or negotiates for the purchase or sale of securities.

Financial Institutions Commercial Banks Commercial Banks: a corporation that accepts deposits, makes loans, pays checks, and performs related services for the public.