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Mandatory license denial not double jeopardy, court rules

New mandatory federal rules that require mortgage brokers to reapply for a license and that deny licenses to applicants who have been convicted of felony fraud do not improperly re-litigate settled issues, even if a licensee has already been disciplined for the underlying conduct, the Fourth District Court of Appeal of Florida ruled September 3 (Emiddio v. Florida Office of Financial Regulation).

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