Regulatory Alerts2026-04-21
Added · Updated
Final Order — Money Services Business
The Florida Office of Financial Regulation issued a Final Order approving a Stipulation and Consent Agreement with Populus Financial Group, Inc., d/b/a Ace Cash Express, to resolve compliance violations identified during a 2018-2020 examination. The Respondent consented to findings that it failed to maintain proper customer identification, file required amendments, and adhere to deferred presentment documentation standards under Chapter 560, Florida Statutes. As part of the settlement, the company agreed to pay a $7,075 administrative fine and cease future violations in lieu of further litigation.