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Answer :
Final answer:
The Florida Office of Financial Regulation (OFR) oversees and regulates the sale of securities and the brokers, dealers, and bankers involved in selling them. They also supervise banks and ensure they have positive net worth and are not taking excessive risks. Additionally, the OFR has responsibilities in supervising bank holding companies.
Explanation:
The Florida Office of Financial Regulation (OFR) oversees and regulates the sale of securities and the brokers, dealers, and bankers involved in selling them. The OFR is responsible for monitoring and supervising financial institutions to ensure they are not taking excessive risks and have positive net worth. They play a role in supervising bank holding companies, which are conglomerate firms that own banks and other businesses.
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