Securities Industry Alert 2013-1 has been Rescinded!

RESCINDED December 9, 2013: As a result of inquiries the Department has received, the Department is rescinding this Alert until further notice in order to work with the industry on issues that have come to the Department's attention subsequent to the issuance of this Alert.

Securities Industry Alert - Initial and Renewal Mutual Fund Notice Filing Must be Submitted Electronically!

Effective January 1, 2014, the Department of Business Regulation will require all Mutual Fund Notice Filings be submitted electronically. To view Securities Industry Alert 2013-1, click here

Consumer Alert - Donations to Support the Philippine Super Typhoon Relief Efforts

The Department has issued a Consumer Alert regarding donations to Philippine Typhoon relief organizations. A copy of this alert can be accessed here.

Announcement - Liquor Stores are Now Permitted to Open at 10 a.m. on Sundays.

Announcement – Liquor Stores Now Permitted to Open at 10 a.m. on Sundays

Rhode Island Governor Lincoln D. Chafee signed a bill today that will permit liquor stores in the state to open at 10 a.m. on Sundays.  This law will be effective immediately.  A copy of this announcement can be accessed here at: Sunday Liquor Announcement

eLicensing has expanded!

The Department's eLicensing system has added more licenses. Currently you can apply for the following licenses online:

Auctioneers

Auto Body

-Auto Body Repair Shops

-Auto Glass

-Auto Salvage and Rebuilders

-Auto Wrecking and Salvage Yards

Board of Accountancy

-Certified Public Accountants and Public Accountants

-Practice Units

Design Professionals

-Architects

Mobile and Manufactured Home Parks

Franchises, etc.

-Exempt Mutual Funds

-Regulation D Filings

-Coordination

-Franchise Registrations

-Exempt Franchise Registrations

Real Estate

-Real Estate Appraisers

-Real Estate Brokers and Salespersons

-Real Estate Corporations

-Real Estate Education Providers

-Real Estate Out of State Land/Subdivisions

Upholstery

-Manufacturer of Bedding or Upholstered Furniture or Both

-Supply Dealer - Filling Materials Only

-Renovator - Bedding or Upholstery or Both

-Second Hand Furniture or Second Hand Bedding Dealer

-Sterilizer

This 24-hour service allows for the expedited processing of license transactions, including applications, changes and renewals. Key features include:

User-friendly access with a personal ID and password

Improved processing time by eliminating the need for paper forms

Improved accuracy of licensing information

Verification by licensee and the public-at-large of license status.

Consumer Alert - Hurricane Preparation

The Department has issued Consumer Alert 2013-6-Hurricane Preparation (Act Now to Make Filing a Claim Easier After the Storm). A copy of this Consumer Alert can be accessed by the hyperlink above.

Industry Alert 2013-1-Winter Storm of February 9, 2013

The Department has issued Industry Alert 2013-1-Winter Storm of February 9, 2013. A copy of this Industry Alert can be accessed by the hyperlink in this email.

Insurance Regulation 29 – Life Insurance and Annuities Replacements

The Department of Business Regulation will be holding a public hearing on its proposal to amend Insurance Regulation 29 – Life Insurance and Annuities Replacements. The notice of hearing, concise summary of non-technical differences and the proposed amended regulation are attached or can be accessed by the hyperlink in this post.

Insurance Regulation 78 and Commercial Licensing Regulation 4

The Department of Business Regulation will be holding a public hearing on its proposal to amend Insurance Regulation 78 – Procedures in Payment of Automobile Claims and Commercial Licensing Regulation 4 – Motor Vehicle Auto Body Repair. The notice of hearing, concise summary of non-technical differences and the proposed amended regulations are attached or can be accessed by the hyperlinks in this post.

Consumer Alert 2013-1-Flood Damaged Vehicles and Consumer Alert 2013-2 Getting Insurance Coverage in Order

The Department has issued Consumer Alert 2013-1-Flood Damaged Vehicles and Consumer Alert 2013-2 Getting Insurance Coverage in Order. Copies of these Consumer Alerts can be accessed by the hyperlinks in this post.

Insurance Regulation 38 – Commercial Insurance

The Department of Business Regulation will be holding a public hearing on its proposal to amend Insurance Regulation 38 – Commercial Insurance Cancellation, Non-Renewal and Premium or Coverage Changes. The notice of hearing, concise summary of non-technical differences and the proposed amended regulation can be accessed by the hyperlink in this post.