The family of disgraced Miami banker Abel Holtz should not be running the bank he founded, according to an order issued Monday by Florida's top banking regulator.

Robert F. Milligan, state comptroller and head of the Department of Banking and Finance, denied a request by Mr. Holtz's wife, Fana, and his sons, Daniel and Javier, that they be allowed to operate and control $1.7 billion-asset Capital Bancorp.

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