FSI victory in Florida helps advisors, firms and clients

06/20/2013 | InvestmentNews (free registration)

Florida Gov. Rick Scott has signed a measure that immediately approves broker applications once the application has been filed with the state. The process has been moved online, and Florida is the 17th state to enact such a measure. "Florida becoming a notice-filing state is critical for our industry and investors because financial advisors have been forced to close down for extended periods of times, losing revenue and denying clients access to their advice, due to their applications not being approved in a timely manner," FSI said in a statement.

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