DBO Issues Cannabis Banking Guidance DBO Sues to Stop $30 Million Silver Saddle Ranch Investment Fraud Governor Gavin Newsom Signs Public Bank Bill into Law 2019-20 California Financing Law Assessment Due… Read More >

Training Conference Planned for Broker-Dealer Examiners CSBS Launches New Fintech Tools for Banking Federal Exam Council Encourages Standard Approach to Assess Cybersecurity Preparedness Suspicious Emails with DBO Return Address Reported Reminder:… Read More >

The Economic Growth, Regulatory Relief and Consumer Protection Act was signed into federal law on May 24, 2018. It added a section to the federal SAFE Act that grants to certain… Read More >

The Department of Business Oversight has been informed by several employees of licensees that they received suspicious emails with the return address of one of our examiners, Haben Hagos. We have… Read More >

Effective July 1, 2013, the Department of Corporations (DOC) and the Department of Financial Institutions (DFI) merged to form the Department of Business Oversight (DBO), in accordance with the Governor’s Reorganization… Read More >

More Than 100 Million Affected by Capital One Hack Liliana Torres Promoted to Portfolio Manager for Banking DBO posts 2018 Annual Reports for CFL, Payday and Mortgage Programs Second Invitation for… Read More >

IT System Surveys for Banks and Credit Unions Due July 19 FY 2019-20 Assessment for Financial Institutions DBO Posts 2018 Report on Pilot Program for Increased Access to Responsible Small Dollar… Read More >

What is a Broker Office Survey and How to Prepare for One Corporate Broker-Officer Renewals Added to eLicensing Cross-Qualification Practices and Pitfalls Secret or Undisclosed Compensation Read more…

Monthly Bulletin Department of Business Oversight Volume 6, Number 3 • October 2018 Jonathan Lee Promoted to Portfolio Manager in the DBO Money Transmitter Division Jonathan Lee has been promoted to… Read More >

From the Department of Real Estate Issue Date: October 2018 Real estate transactions in today’s world often involve the wiring or electronic funds transfer (EFT) of money to complete a deal…. Read More >