About the Commissioner
Don B. Saxon was raised in Ft. Lauderdale, Florida. He resided there until attending college at the University of Florida where he graduated in 1975.
Saxon began his career with
the Department of Banking and Finance in 1979 as an investigative supervisor
in Miami. His responsibilities included investigations of banking, finance
and securities fraud. In 1981, Saxon became the Director of the Division of
Investigations for the Department being responsible for all investigation
operations involving violations of the department’s banking, finance and
securities laws. In 1983, he became the Assistant Director for the Division
of Securities and Investor Protection, and in 1986 became the Director of
that Division. Saxon held this position until January 2003, when he was
appointed as the first Commissioner of the Office of Financial Regulation by
the Financial
Services Commission.
Saxon served as a member
of the North American Securities Administrators Association Board of
Directors for 3 years and as vice chairman of the Broker/Dealer Section, is
chairman of the Continuing Education Project Group, and was recently
appointed by the NASAA Board as Ombudsman. Saxon was involved with the
development and passage of the Securities and Exchange Commission "Books and
Records" rule which became necessary following passage of the National
Securities Market Improvement Act of 1996. Currently, he is part of a
special working group developing a uniform definition for broker/dealer
branch offices. In 2005, Don was appointed to the Board of Directors of the
Conference of State Bank Supervisors (CSBS) and is a member of the Strategic
Planning Committee.
Saxon has been involved
with several high profile legal settlements and has coordinated a number of
special projects with the Financial Industry
Regulatory Authority (FINRA), and the
Securities and Exchange Commission. These projects include the "Rogue
Broker" sweeps, the Penny Stock (15G) Examination Sweep, the Joint
Regulatory Penny Stock Examination Sweep and an Investment Advisor Sweep.
Saxon has also testified before the United States Congress and on many
occasions before the Florida Legislature regarding securities, banking,
finance and investment protection issues.
Saxon has
twice received the North American Securities Administrators Association’s
prestigious "Blue Sky Award", the highest recognition for state securities
regulators. Other awards include: recognition by the FINRA for contributions to the Industry/Regulatory Council on
Continuing Education; NASAA’s Outstanding Service Award for training
seminars, coordination of penny stock sweeps, and his commitment to
multi-state cooperation; and, recognition by the Securities and Exchange
Commission for his work and participation in multi-state/federal agency
stock sweeps.Mr. Saxon will retire September 30, 2008.
Message from the Commissioner
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Under
Florida law, e-mail addresses are public records. If you do not want your
e-mail address released in response to a public-records request, do not send
electronic mail to this entity. Instead, contact this office by phone or in
writing. |
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