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Any violations of the Florida financial institutions code may be investigated by the ________.
1) Federal Reserve
2) Florida Department of Financial Services
3) Florida State Attorney General
4) Florida Department of Law Enforcement

Answer :

Final answer:

Violations of the Florida financial institutions code are investigated by the Florida Department of Financial Services, not the Federal Reserve, which handles consumer protection compliance and supervision of bank holding companies. so the correct option is 2) Florida Department of Financial Services.

Explanation:

Any violations of the Florida financial institutions code may be investigated by the Florida Department of Financial Services. While the Federal Reserve has the responsibility of ensuring that banks comply with consumer protection laws and supervise bank holding companies, the actual state-level regulation and investigation of potential violations within Florida are typically handled by the state's department. Similarly, the Office of the Comptroller of the Currency supervises banks and the NCUA regulates credit unions, but these are federal entities that do not deal directly with enforcement of state financial codes.

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Rewritten by : Jeany

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