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California DFPI Issues Final Rules on Commercial Financing UDAAP and Annual APR Reporting

The California Department of Financial Protection and Innovation became the nation's first regulator with authority to police "abusive" acts and practices in commercial financing when it recently adopted final regulations to...more

California DFPI Proposes Regulations Governing Providers of Small Business Finance

On August 18, 2021, the California Department of Financial Protection and Innovation ("DFPI") released draft regulations and an invitation for comments under the California Consumer Financial Protection Law ("CCPL"). The CCPL...more

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