New State Laws That May Affect DFPI Licensees Highlights of 2022 Chaptered Legislation, a compendium of new state laws that may affect or be of interest to DFPI licensees, is now available on the Department’s website. The...

The California Court of Appeals recently published an opinion holding prohibiting charging default interest on the entire unpaid principal balance following a monthly payment default. As you all know, default interest is...

Broker-Dealer/Investment Adviser Renewals Due Dec. 12 A reminder that 2023 registration renewal statements and fees for the Broker Dealer/Investment Adviser (BDIA) program are due by Dec. 12, 2022. All registered firms may view...

From the Desk of the CMA’s General Counsel, Robert Finlay: Default interest is a hot button for borrowers, lenders and the courts. Most courts inherently do not like default interest because they see it as an improper...

DFPI Takes Actions On Crypto Asset Accounts and Businesses On Sept. 27, the DFPI announced that it issued desist and refrain orders against 11 different entities for violations of California securities laws. Each of...