There were 1,852 press releases posted in the last 24 hours and 260,282 in the last 365 days.

California Department of Business Oversight Press Releases

272 Press Releases
  • Published on May 20, 2022 - 18:49 GMT

    Romance Scams and Crypto Assets – Fact or Fraud?

    More than ever people looking for a relationship are turning to dating apps and social media sites. While some are looking for a relationship others see this trend as a way to scam people out of their money.  Not only are dating apps very popular but so is …

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  • Published on May 9, 2022 - 23:16 GMT

    Voluntary Suspension of Operations

    The Department of Financial Protection and Innovation (DFPI) has been notified that Moneydart Global Services Inc. has voluntarily suspended all money transmission operations in California effective December 15, 2020, through September 30, 2022. Consumers …

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  • Published on May 9, 2022 - 18:32 GMT

    May 2022 Monthly Bulletin

    Premium Finance Company Activity New Premium Finance Company Elite Premium Finance, Inc. 600 West Broadway, San Diego Approved: 4/13/22 Velocity Premium Finance, Inc. 74710 CA 111, Palm Desert Opened: 2/01/22 Walco Funding PFCA, Inc. 6200 Canoga Avenue, …

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  • Published on May 3, 2022 - 17:36 GMT

    May 2022 DFPI Consumer Connection

    The DFPI is California’s primary regulatory authority overseeing financial services, products, and professionals. Its mission includes protecting consumers from potential abusive, deceptive, and unfair practices.   If you are passionate about wanting to …

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  • Published on April 28, 2022 - 19:51 GMT

    March 2022 Monthly Summary of Financial Institution Pending Applications

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  • Published on April 15, 2022 - 22:32 GMT

    Purchase and Sale of Virtual Currency

    Download official copy (PDF) IN REPLY REFER TO: _________ FILE NO: _________ April 8, 2022 VIA EMAIL ONLY     Dear __­­­________:   Thank you for your request for an interpretive opinion to the Department of Financial Protection and Innovation (“Department …

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  • Published on April 12, 2022 - 00:26 GMT

    April 2022 Monthly Bulletin

    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 Code section 17406) within 105 days after the close of the escrow agent’s fiscal …

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  • Published on April 11, 2022 - 20:17 GMT

    April 2022 DFPI Consumer Connection

    In honor of National Financial Capability Month (also known as Financial Literacy Month) the DFPI is hosting a FREE webinar on April 12 at 10am (PST). This popular annual event will highlight exhibitors and resources that promote financial empowerment and …

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  • Published on April 6, 2022 - 09:39 GMT

    Holden Act Reports Due June 13

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  • Published on March 30, 2022 - 01:55 GMT

    Digital Asset Trading Platform Services

    Download official copy (PDF) IN REPLY REFER TO: _________ FILE NO: _________ March 23, 2022 VIA EMAIL ONLY Re: _________Request for Interpretive Opinion   Dear ____________: Thank you for your letter dated July 13, 2021, requesting an interpretive opinion …

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  • Published on March 29, 2022 - 17:35 GMT

    February 2022 Monthly Summary of Financial Institution Pending Applications

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  • Published on March 28, 2022 - 21:30 GMT

    California DFPI Hosts Webinar to Help Student Loan Borrowers

    Download this press release (PDF) SACRAMENTO – The California Department of Financial Protection and Innovation (DFPI) is working with state and federal agencies as well as local nonprofits to educate student loan borrowers about their rights and upcoming …

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  • Published on March 28, 2022 - 21:27 GMT

    California DFPI Hosts Webinar to Help Student Loan Borrowers

    Download this press release (PDF) SACRAMENTO – The California Department of Financial Protection and Innovation (DFPI) is working with state and federal agencies as well as local nonprofits to educate student loan borrowers about their rights and upcoming …

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  • Published on March 23, 2022 - 17:59 GMT

    DFPI Marks Success in Implementation of the California Consumer Financial Protection Law

    Download this press release (PDF) SACRAMENTO – A year after implementing one of the most expansive consumer protection laws in the country, the Department of Financial Protection and Innovation (DFPI) announced it has collected close to $1 million in …

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  • Published on March 23, 2022 - 17:55 GMT

    DFPI Marks Success in Implementation of the California Consumer Financial Protection Law

    Download this press release (PDF) SACRAMENTO – A year after implementing one of the most expansive consumer protection laws in the country, the Department of Financial Protection and Innovation (DFPI) announced it has collected close to $1 million in …

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  • Published on March 21, 2022 - 23:26 GMT

    March 2022 Monthly Bulletin

    The DFPI Office of Credit Unions will update the current CAMEL (Capital adequacy, Asset quality, Management, Earnings, and Liquidity) based rating system by integrating an “S” component to assess sensitivity to market risk and separate the “L” component to …

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  • Published on March 21, 2022 - 20:36 GMT

    Purchase and Sale of Digital Assets; Payment Processing Services

    Download official copy (PDF) IN REPLY REFER TO: _________ FILE NO: _________ December 6, 2021 VIA EMAIL ONLY   Dear Mr. _________ and Ms. ______: Thank you for your request for an interpretive opinion to the Department of Financial Protection and …

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  • Published on March 20, 2022 - 21:07 GMT

    Agent of Payee

    Download official copy (PDF) IN REPLY REFER TO: _________ FILE NO: _________ January 14, 2022 VIA EMAIL ONLY   Dear  ­­­________: Thank you for your request for an interpretive opinion to the Department of Financial Protection and Innovation (“Department …

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  • Published on March 16, 2022 - 00:40 GMT

    Borrower ‘Bill of Rights’ Protects Californians, Promotes Financial Security and Economic Justice

      In 2016, California enacted AB 2251 The Student Loan Servicing Act. AB 2251 created a regulatory licensure program within the Department of Financial Protection and Innovation (DFPI) and gave DFPI authority to oversee companies that service student loans …

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  • Published on March 16, 2022 - 00:40 GMT

    What are Student Debt Relief Companies?

    Thinking about Paying a Company to Help Decrease Your Student Loan Payments?   You may have received an offer in the mail offering to consolidate student loans. Student loan debt relief companies promise to help student loan borrowers manage their student …

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