Which one of the following is true regarding the responsibilities of the OFR? 1) The OFR does not have the power to suspend or revoke a Florida MLO's license. 2) The OFR may only investigate MLOs who reside in the state of Florida. 3) The OFR may only investigate potential violations if a formal complaint has been made. 4) The OFR must report any violations to the NMLS on a regular basis.