DFPI, CFTC And Hawaii DCCA/SEB File Suit Against Precious Metals Dealer

Yesterday, the California Department of Financial Protection & Innovation joined with the Commodity Futures Trading Commission and the Hawaii Department of Commerce and Consumer Affairs, Securities Enforcement Branch in filing suit in U.S. District...

Why More Than One Commodity May Not Be Commodities

A plural form of a noun usually implies a set having more than one member of the same type. For example, a reference to "dogs" is understood to refer to more than one dog. No one understands a reference to "dogs" to mean a dog, a cat and a mouse....

What's The DFPI Doing In Federal Court?

Enforcement actions by the California Department of Financial Protection typically involve either administrative proceedings or civil actions in the California state courts. Recently, however, the DFPI announced that it and 26 other state regulators...

False Statements By Money Managers Support California Commodity Law Convictions

In 1990, California enacted the California Commodity Law, Stats. 1990, Ch. 969, Corp. Code § 29500 et seq.  Although this law hasn't attracted the attention of legal writers, it has some very sharp teeth, as illustrated by the recent case of People...

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