Light on the dark side


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  • | 7:20 a.m. May 31, 2013
  • | 0 Free Articles Remaining!
  • Florida
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When state financial regulators got a tip in April about problems with two money transfer firms in Florida, it took them just 36 hours to shut down their 23 locations.

Drew Breakspear, the commissioner of the Florida Office of Financial Regulation, says he intends this kind of speed and efficiency to be the hallmark of his administration. He became commissioner in November.

On a recent visit to Fort Myers, the state's chief financial regulator addressed a wide range of issues from the health of Florida's banks to exposing fraudulent financial operators.

 

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