CMA Regulatory Update – Moon

Why is the CMA raising money?  The CMA is raising money to file an Amicus Brief in the Ninth Circuit Court of Appeals on a key issue impacting its members and… Read More >

DFPI Monthly Bulletin – March 2023

Mortgage Lending Holden Act Reports Due March 31 Mortgage lending licensees must file their Residential Mortgage Loan Report for calendar year 2022 (Holden Act Report) no later than March 31. The… Read More >

DFPI Monthly Bulletin – February 2023

Purvi Patel Appointed as Deputy Commissioner for Credit Unions On Feb. 2, Purvi Patel, of Oakland, was appointed by Governor Newsom to be Deputy Commissioner for Credit Unions at the California… Read More >

DFPI Monthly Bulletin – January 2023

Some Escrow Reports Due Jan. 13 Escrow agents are required to submit to the Commissioner an annual report prepared by an independent certified public accountant or an independent public accountant (Financial… Read More >

DFPI Monthly Bulletin – December 2022

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… Read More >

Important Legal Update from CMA

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… Read More >

DFPI Monthly Bulletin – November 2022

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… Read More >

DFPI Monthly Bulletin – October 2022

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… Read More >