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California’s vague new financial regulation law

On Oct 25, 2020
@RAlexJimenez shared
California’s vague new financial regulation law https://t.co/FzzYd1hFFl #finserv #fintech #banking #regulation
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California has a new financial regulation law to restore changes in the federal Dodd-Frank rules, but the reach of new state laws is vague.

calmatters.org
On Oct 25, 2020
@RAlexJimenez shared
California’s vague new financial regulation law https://t.co/FzzYd1hFFl #finserv #fintech #banking #regulation
Open

California’s vague new financial regulation law

California’s vague new financial regulation law

California has a new financial regulation law to restore changes in the federal Dodd-Frank rules, but the reach of new state laws is vague.

California’s ‘mini-CFPB’ plan is back in play. Banks aren’t happy.

California’s ‘mini-CFPB’ plan is back in play. Banks aren’t happy.

A proposal to expand consumer protections in the state was added to a budget bill after being dropped in June. Financial institutions say the measure conflicts with federal law and are ...

California’s New Gig Economy Law Is All Bark, No Bite

California’s New Gig Economy Law Is All Bark, No Bite

California’s Assembly Bill 5 legislation was signed into law this week by Governor Newsom. There are a number of reasons why the new law is ineffective.

California Governor Approves Changes To Marijuana Banking And Labeling Laws

California Governor Approves Changes To Marijuana Banking And Labeling Laws

California Gov. Gavin Newsom (D) signed a handful of marijuana bills into law on Tuesday, making a series of small adjustments to the nation’s largest legal cannabis system. More sweeping ...

Here Are the California Cannabis Bills That Survived COVID-19 Delays

Here Are the California Cannabis Bills That Survived COVID-19 Delays

Bills focused on a state bank, delivery, and curbing the illicit market failed to make it through this legislative session.

California Governor Signs Law Bringing State 'New Tools' to Regulate Crypto

California Governor Signs Law Bringing State 'New Tools' to Regulate Crypto

The California department responsible for financial regulation will soon have more powers to supervise the cryptocurrency industry.

Fintech In Brief: Chairwoman Waters Outlines House Financial Services Committee’s Agenda: Priorities Include Financial Innovation

Fintech In Brief: Chairwoman Waters Outlines House Financial Services Committee’s Agenda: Priorities Include Financial Innovation

On January 16, 2019, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, outlined her priorities during her...

A Spur to Innovation or an Impending Crackdown on Lenders and Fintech Companies?

A Spur to Innovation or an Impending Crackdown on Lenders and Fintech Companies?

On January 31, 2020, California Governor Gavin Newsom released a proposed budget and, along with it, a draft of the California Consumer Financial…

National breach notification law would usurp patchwork of state laws

National breach notification law would usurp patchwork of state laws

A bill recently introduced by the House Financial Services Committee would amend the Gramm-Leach-Bliley Act (GLBA) to include a national breach notification law for the financial industry ...

More Cybersecurity Regulation Oversight Possible Under New NYDFS Division

More Cybersecurity Regulation Oversight Possible Under New NYDFS Division

The creation of a new NYDFS division to review and respond to cybersecurity events and enforce policy around financial crimes could lead to increased oversight under the department’s ...

N.Y., California Look to Lead Way in Consumer Finance Oversight (1)

N.Y., California Look to Lead Way in Consumer Finance Oversight (1)

New York and California are taking steps to give their consumer financial protection regulators more power as they say federal oversight withers under the Trump Administration.

Consumer Bureau’s Shocking New “No Consumer Protection” Policy

Consumer Bureau’s Shocking New “No Consumer Protection” Policy

The National Consumer Law Center is a nonprofit advocacy organization that seeks to build economic security and family wealth for low-income and other economically disadvantaged Americans.