Banking Law News

Florida Financial Regulator Asked to Resign by Cabinet Member

May 29, 2019, 6:27 PM

Florida’s top banking regulator Ronald Rubin is being asked to resign by the state official who placed him on administrative leave earlier this month due to sexual harassment allegations.

Florida’s Chief Financial Officer Jimmy Patronis called on Rubin to resign in a May 29 statement.

“After a briefing of the Inspector General’s preliminary findings of the recent allegations against Mr. Rubin and reviewing newly-published news reports including those of sexual harassment allegations at his previous job, I am requesting that he immediately resign the position of Commissioner for the Office of Financial Regulation,” Patronis said.

Patronis placed Rubin on administrative...

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