Gov. Scott vetoed HB 747...What do you think?

[Foster Algier]

What do you think about HB 747 and this development? Do you think the veto will hold?

On Monday, Florida's Governor Scott vetoed a deregulation bill (HB 747) for securities dealers and investment advisors. But Scott said it also increased mortgage regulation such that a parent who wanted to lend a son or daughter money to buy a home would need a state license to do so. The governor called that “overly burdensome.”