Since I served as Commissioner of Corporations in the 1990s, the Department of Corporations has consolidated with the Department of Financial Institutions and changed its name twice. It is now known by the unwieldy name of "Department of Financial...
What Exactly Does The Deputy Commissioner For New Covered Persons Oversee?
Posted on August 12, 2024
California Bill Would Establish Registration Program With Respect To Commercial Financing Or Commercial Financing Brokerage Services
Posted on May 29, 2024
Recently, I wrote about the California Office of Administrative Law's rejection of regulations proposed by the Department of Financial Protection & Innovation. These proposed regulations were intended to "implement, interpret, and make specific...
The Family Farm Inspires Nostalgia But Is Not Easily Defined
Posted on June 30, 2022
An idealized vision of the family farm holds a special place in the psyche of the American people. But what exactly constitutes a "family farm"? That is one of the definitional challenges that the Department of Financial Protection and Innovation...
DFPI Proposes Rules For Commercial Financial Products And Services
Posted on June 27, 2022
In 2020, California enacted the California Consumer Financial Protection Law, Cal. Fin. Code § 90000 et seq. The CCFPL authorizes the Department of Financial Protection & Innovation to define unfair, deceptive, and abusive acts and practices in...
