As previously reported, on May 18, 2009, the Florida Department of Financial Services announced a notice of proposed rulemaking to adopt new Rule 69B- 162.011. While the Department had hoped to adopt the Rule without any hearing, we have learned that a request for a hearing has been made and the hearing will be held on June 16th at 9:30 a.m. in Conference Room 116 of the Larson Building, 200 East Gaines Street, Tallahassee, Florida 32399. We also understand that the Department is monitoring requests for participation in the hearing by teleconference. It appears that if sufficient requests are made, the Department may establish teleconference capabilities.

Additional information about proposed Rule 69B-162.011 can be found in our prior Alerts regarding the May 18th notice of the proposed Rule, the January proposed Rule and the February Workshop.