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Answer :
a. The Department of Financial Services regulates various financial sectors in Florida to ensure compliance and consumer protection.
The Department of Financial Services (option a) regulates Florida's banking, securities, insurance, mortgage lending, and funeral and cemetery businesses. For example, it oversees areas like banking institutions, securities trading, and insurance practices to ensure compliance with state laws.
Regulation in this context involves setting guidelines and standards for these industries to protect consumers and maintain financial stability.
Regulatory agencies, financial markets, and banking institutions play crucial roles in overseeing and supervising these sectors within the state.
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