California Dept. of Financial Protection and Innovation announces plans to exercise expanded powers under Consumer Financial Protection Law
CFPB Monitor
JANUARY 12, 2021
The CCFPL gives the California Department of Financial Protection and Innovation (DFPI) (the new name given to the state’s Department of Business Oversight) broad jurisdiction and sweeping new authorities that closely resemble those of the CFPB. The California Consumer Financial Protection Law (CCFPL) became effective on January 1, 2021.
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