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California Regulator Finalizes Rule Expanding UDAAP Authority to Commercial Financing | Insights

On Aug. 2, 2023, California’s Department of Financial Protection and Innovation (DFPI) released a new rule expanding its authority to regulate unfair, deceptive, and abusive acts and practices (UDAAP). ....

United States , Gavin Newsom , California Department Of Financial Protection , California Department Of Business Oversight , Financial Protection , California Consumer Financial Protection Law , Business Oversight , Dodd Frank Act , Enhanced Penalties ,

California Imposes More Regulation on Commercial Financing | Manatt, Phelps & Phillips, LLP

After being the first state to impose disclosure requirements on small business finance transactions, California has now added an annual reporting requirement and subjected commercial. ....

United States , New York , Phelps Phillips , Department Of Business Oversight , Department Of Financial Protection , Financial Protection , Business Oversight ,