Download this press release (PDF) Photo: Maxpread Avatar “CEO” SACRAMENTO – The California Department of Financial Protection and Innovation (DFPI) announced today it has issued desist and refrain orders against five entities to stop fraudulent investment …
A 529 college savings plan is an investment plan that enables parents to save money for a beneficiary to pay for education expenses later. For Californians, ScholarShare529 is a tax-advantaged way to save for college and other educational expenses. There …
Earth Day (Apr. 22) raises awareness around issues impacting the Earth. This year’s theme, “Invest in Our Planet,” focuses on engaging governments, institutions, businesses, and citizens to be more accountable for actions that affect the health and …
PPSE loans usually come from a bank, credit union, online lender, or for-profit educational institution. When considering a private loan, be sure that you carefully read and understand the terms. Private student loans often have less flexibility and fewer …
Download this press release (PDF) Photo: Maxpread Avatar “CEO” SACRAMENTO – The California Department of Financial Protection and Innovation (DFPI) announced today it has issued desist and refrain orders against five entities to stop fraudulent investment …
Much of the recent buzz around AI has been focused on the advances made in technology called generative AI. Generative AI can be used to create new content, including audio, code, images, text, simulations, and videos. You may also have heard about certain …
On April 5, Daniel Quach joined the DFPI as Chief Information Officer, based out of the San Francisco office. Daniel has more than 20 years of experience in Information Technology (IT) management. He joins the DFPI from his current position as the Chief …
Download this press release (PDF) SACRAMENTO — The California Department of Financial Protection and Innovation (DFPI) announced today that it has joined a multi-state settlement with Robinhood Financial LLC, which will pay up to $10.2 million in penalties …
Download this press release (PDF) SACRAMENTO — The California Department of Financial Protection and Innovation (DFPI) announced today that it has joined a multi-state settlement with Robinhood Financial LLC, which will pay up to $10.2 million in penalties …
Download this press release (PDF) SACRAMENTO – The Department of Financial Protection and Innovation (DFPI) today announced that New Jersey-based crypto lending platform BlockFi Lending LLC (BlockFi) agreed to direct its servicer to provide Californians …
Download this press release (PDF) SACRAMENTO – The Department of Financial Protection and Innovation (DFPI) today announced that New Jersey-based crypto lending platform BlockFi Lending LLC (BlockFi) agreed to direct its servicer to provide Californians …
Filing for an Extension If you’re not able to file your federal income tax return on time, you can file for an extension for an additional six months to file your federal income tax return. To request an extension, you must estimate the amount of tax you …
Every year, thousands of Americans are contacted by student loan debt relief companies via mail and email. These companies purport to help student loan borrowers manage or reduce their student loan repayment for a fee. However, many of these companies are …
The Broker-Dealer / Investment Adviser (BDIA) Division is continuing an annual online examination for certain registered Investment Advisers, in accordance with DFPI’s authority under California Corporations Code Section 25241, subdivision (c). This …
The California Department of Financial Protection and Innovation (DFPI) has received information that the website CALFCB.COM claims to be associated with the bank “First Credit Bank”. This is a practice commonly called “spoofing” where an imposter creates …
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Download this press release (PDF) “The Department of Financial Protection and Innovation is conducting a comprehensive review of the department’s oversight and regulation of Silicon Valley Bank and will issue a report by early May 2023. Through this review …
Download this press release (PDF) “The Department of Financial Protection and Innovation is conducting a comprehensive review of the department’s oversight and regulation of Silicon Valley Bank and will issue a report by early May 2023. Through this review …
Download this press release (PDF) The deposits made today into California-chartered First Republic Bank by 11 large banks underscores the importance of regional banks in our banking system. Regional banks provide vital banking services relied upon by …
Download this press release (PDF) The deposits made today into California-chartered First Republic Bank by 11 large banks underscores the importance of regional banks in our banking system. Regional banks provide vital banking services relied upon by …
