Florida Disclosure and Broker Law Signed by Governor, But Will The Effective Date Be Revised?

Florida’s governor signed H1353 into law on Friday, a set of disclosure rules that will impact both brokers and funders. One key element of it was drawn from the DailyFunder forum, for example.

As written, the law says it is supposed to go into effect on July 1, 2023. One wonders given the timeline if that will be extended to give the industry an opportunity to even understand what the requirements are.

Florida has now been updated on the deBanked regulatory map.