Final Order — Investment Adviser

INDEX: OFR 2026-500
STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
In Re:
MICHAEL BUSH FINANCIAL
SERVICES, LLC D/B/A MICHAEL
BUSH FINANCIAL SERVICES,
Respondent.
FINAL ORDER
Case Number: 135369-SR
The State of Florida, Office of Financial Regulation ("Office"), and Michael Bush Financial Services, LLC D/B/A Michael Bush Financial Services ("MBFS"), having entered into the attached Stipulation and Consent Agreement ("Agreement"), resolving and concluding this matter, it is therefore ORDERED:

1. The Agreement entered into by the Office and MBFS is adopted and incorporated
   by reference herein as if set forth at length.
2. The parties shall comply with all provisions of the incorporated Agreement.
   DONE and ORDERED this!f day of oc-/-6Lt.r , 2026, in Tallahassee, Leon County, Florida. Commissioner

CERTIFICATE OF SERVICE
I HEREBY CERTIFY that a true and correct copy of the foregoing Final Order has been furnished via electronic mail to Michael Antone Bush for Michael Bush Financial Services, LLC, at MBush@MBFS-Agency.com on this 15th day of _O_c_to_b_e_r --~ ' 2026. 2 Office of Financial Regulation Post Office Box 8050 Tallahassee, FL 32314-8050 Email: Agency.Clerk@flofr.gov Tel: (850) 410-9889

STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
In Re:
MICHAEL BUSH FINANCIAL
SERVICES, LLC 0/B/A MICHAEL
BUSH FINANCIAL SERVICES,
Respondent.
Case Number: 135369-S
STIPUIAJIQN AND CONSENT AGREEMENT
The State of Florida, Office of Financial Regulation ("Office"), and Respondent Michael Bush Financial Services, LLC D/B/ A Michael Bush Financial Services ("MBFS"), Central Registration Depository ("CRD") number 312804, in consideration of the mutual promises herein, recite, stipulate, and agree, on the last date executed below, as follows:

1. Back2roupd: MBFS has been registered with the Office as an investment adviser
   since July 2021. MBFS is wholly owned by Michael Bush ("Bush"), MBFS's Managing Member, designated principal, and sole associated person. Bush's CRD # is 6167303. MBFS in filings with the Office through Bush indicates it does not currently have investment advisory clients. MBFS also maintains that while registered with the Office it has not engaged in providing investment advisory services. The Office has not discovered information to the contrary. Bush maintains he formed MBFS in expectation of providing investment advisory services in the future, when Bush retires from his current employment. On March 25, 2026, the Office issued an Administrative Complaint alleging MBFS failed to file financia1 statements for fiscal year end ("FYE") 2021, 2022, 2023, and 2024, which established that MBFS maintained net capital of $2,500 as required by section 517.161(1.)(a), Florida Statutes, and Rule 69W-600.0l6l(l)(b), Florida Administrative Code. In 2025, MBFS through Bush submitted revised financial statements improperly listing assets owned by Bush

individually as assets of MBFS. This accounting treatment wac; contrary to United States generally accepted accounting principles f'GAAP"). Rule 69W-600.0 l 61 (2)(b ), Florida Administrative Code, requires financial statements to be prepared in accordance with GAAP. Following the filing of the Administrative Complaint, MBFS through Bush again filed updated financial statements and again improperly listed assets owned by Bush individually as assets of MBFS. Bush on behalf of MBFS has indicated his desire to resolve this proceeding and to terminate MBFS's registration with the Office.
2. Jurisdiction: The Office is the state agency charged with the administration and
enforcement of chapter 517, Florida Statutes, and the rules promulgated thereunder.
3. Fipdjgg· MBFS neither admits nor denies the allegations but consents to the entry
of findings by the Office. The Office finds that MBFS violated section 517.16J(l)(a), Florida Statutes, and Rule 6,W-601.016l(l)(b), Florida Administrative Code, by failing to maintain $2,500 in net capital.
4. CgP§jdepltigg: The Office and MBFS (collectively, "Parties") agree that the
issues raised in this proceeding can be expeditiously resolved hy their execution of this Stipulation and Consent Agreement ("Agreement"). The Parties aclmowledge that they have read this Agreement and fully understand the rights, obligations, terms, duties, and responsibilities with respect to its contents. Therefore, in compromise and settlement of this matter and in consideration of the Office's forbearance from further litigation, the Parties agree as follows:
a. MBFS agrees to Cease and Desist from violations of chapter 517, Florida Statutes, and the Administrative Rules adopted thereto. b. MBFS agrees to request termination of its registration with the Office as an investment adviser by filing Form ADV-W through the Investment Adviser

Registration Depository ("JARD") at the time of MBPS 's submission of this fully execute.d and notarized Agreement.
c. The Office agrees to accept MBFS's Form ADV-Wand shall process this request
to withdraw and terminate Tegistration following receipt of this fully executed and notarized Agreement, and issuance of the Final Order adopting this Agreement.
5. Fipal Order: MBFS consents to the issuance by the Office of a Final Order, which
incorporates the terms of this Agreement. MBFS understands and agrees that this Agreement is subject to the final approval of the Commissioner of the Office of Financial Regulation and the entry of the Final Order adopting this Agreement. In the event the Final Order is not entered, this Agreement shall be null and void. The Final Order incorporating this Agreement constitutes final agency action by the Office for which the Office may seek enforcement pursuant to the provisions of chapters 120 and 517, Florida Statutes.
6. Consent and Waiver: By MBFS's consent to the entry of the Final Order with
respect to this proceeding, MBFS knowingly and voluntarily waives:
a. Any right to receive further notice of this administrative action and notice of rights pursuant to chapter 120, Florida Statutes; b. Any right to an administrative hearing provided by chapter 120, Florida Statutes;
c. Any requirement that the Office's Final Order contain separately stated findings
of Fact and Conclusions of Law or a Notice of Rights; d. Any right to issuance of a recommended order by an Administrative Law Judge from the Division of Administrative Hearings or a Hearing Officer from the Office; and e. Any right to object to or challenge in any judicial proceeding including, but not

7. limited to, an appeal pursuant to section 120.68, Florida Statutes, any term,
   condition, obligation, or duty expressly created by the Final Order.
   Releases: Upon full execution of this Agreement, MBFS waives and releases the Otl:ice and its agents, representatives, and employees from any and all causes of action that MBFS may have arising from or relating to the subject matter hereof. The Office agrees to accept this release on behalfof itself and its agents, representatives, and employees without acknowledging and expressly denying that any such cause or causes of action may exist.
8. Future Actions: This Agreement is being executed solely for the purpose of
   resolving and settling the instant proceeding. Nothing herein shall be construed to waive or restrict the Office's right in a future proceeding to undertake any administrative action under the provisions of chapter 517, Florida Statutes, or any civil or criminal prosecution, arising out of any facts or circumstances undisclosed or undiscovered at the time of the entry of the Final Order; or facts unrelated to this settlement should further information warrant such action.
9. Failure to Comply: MBFS acknowledges, concurs, and stipulates that MBFS;
   failure to comply with any of the tenns, obligations and conditions of this Agreement, and the Final Order adopting it, violates this Agreement and the Final Order entered pursuant to chapters 120 and 517, Florida Statutes. Such non-compliance may result in the issuance of an emergency Cease and Desist Order.
10. Attorneys' Fees: Each party herein shall be solely responsible for its attorneys'
    fees and costs incurred up to and including entry of the Final Order in this matter.
11. Seyerabilit,v: MBFS agrees that if any provision of this Agreement or the
    application thereof to any person or circumstance is held to be invalid, the invalidity shall not affect the remaining provisions of the Agreement or the Final Order adopting it, which shall be

given effect without the invalid provision(s), and to this end, the provisions of this Agreement are severable.
12. Entire A.:reement: This Agreement represents the entire agreement by and
between the Office and MBFS. Any alterations, variations, changes, modifications, or waivers of the provisions hereof shall be valid only when they have been reduced to writing, duly signed by the Office and MBFS, and attached to the original of this Agreement. WHEREFORE, the undersigned Parties hereby acknowledge and agree to the tenns and conditions of the foregoing Agreement, subject to final approval by the Commissioner of the Office of Financial Regulation, by written consent on the last date executed below:
MICHAEL BUSH FINANCIAL SERVICES, LLC
D CIAL SERVICES lo/lJ/JiPli1
Title: Sole Owner and Managing Member
STATE OF FLORIDA)
COUNTY OF ORANGE)
Date
BEFORE ME, the undersigned authority, appeared Michael Bush as Sole Owner and Managing Member of Michael Bu~ Financial Services, LLC D/B/A Michael Bush Financial Services ('"MBFS"). by means of 10 physical presence or D on line notarization, who. upon being duly sworn, states that he is authorized to enter the foregoing agreement on behalf of MBFS, and has read and understands the foregoing agreement and voluntarily signed the same. SWORN TO AND SUBSCRJBED before me this !i NOTARY My Commission expires: O'-f tJ.6/ JA)bt￾Personally known ___ or produced identification ✓ Type of identification produced: "f"L- 0/.. f) UX) ··S-..U-L£2.• z,.ctt~ D Onthla M. Acevedo Rodriguez f ~ ,... Notary Public I ~ ~ State of Florida ~ _ • -.,/: Comm# HH367650

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  1 Expires 4/25/2027

OFFICE OF FIN~CIAL REGULATION
:Y;;:~/:,dfv.~ 10/14/26
Date
Director
Division of Securities