The California Department of Financial Protection and Innovation (DFPI) last week announced its first invitation for comments on the rulemaking to implement the California Consumer Financial Protection Law (CCFPL). The CCFPL became law last year and reorganized the California Department of Business Oversight into the DFPI. The bill gave the newly reorganized department broad authority to establish rules regarding, among other provisions: unlawful, unfair, deceptive, or abusive acts or practices; reporting and disclosure requirements; registration requirements; and data collection and reporting.
Specifically, DFPI requests feedback on definitions, exemptions, registration requirements, complaint handling, consumer and commercial UDAAP issues, data collection and reporting for commercial financing, disclosures, and economic impact. Comments to the department are due by March 8, 2021. AFSA’s State Government Affairs Department will submit comments on behalf of members. If your company would like to provide feedback or suggestions, please contact AFSA’s Director of State Research and Policy Matt Kownacki.
Calif. DFPI Invites Comments on Implementing CCFPL
Feb 19, 2021
The California Department of Financial Protection and Innovation (DFPI) last week announced its first invitation for comments on the rulemaking to implement the California Consumer Financial Protection Law (CCFPL). The CCFPL became… Read the rest
LISTEN | Previewing the 2021 Vehicle Finance Conference w/ Charlie Vogelheim
Feb 17, 2021
In this episode of the AFSA Extra Credit Podcast we talk with Vehicle Finance Conference MC and host, Charlie Vogelheim about next week’s conference and what he’s looking forward to.
If you haven’t registered yet, there’s… Read the rest
AFSA Provides Testimony on NM All-In Rate Cap
Feb 17, 2021
On February 9, AFSA Senior Vice President Danielle Fagre Arlowe provided oral testimony opposing New Mexico SB 66 in a Senate Tax, Business and Transportation Committee hearing. The bill would institute an 36% all-in rate cap, which… Read the rest
Pivot to Digital with Ryan Deiss
Feb 16, 2021
As all businesses are forced into digital transformation by pandemics, technology, and consumer demand, what specific steps can you take to ensure your company is ready? That’s the question Ryan Deiss, Co-Founder and CEO of DigitalMarketer… Read the rest
Five Questions with February Featured Business Partner ACI
Feb 15, 2021
The featured Business Partner for February is ACI. We asked them a few questions about their business and what they’re seeing in the economy. Learn more at aciworldwide.com.
- What is the most important issue facing your company right
We’ve Got Your Conference Caffeine Fix
Feb 11, 2021
Sometimes you just need that hot cup of joe to get you going. Luckily, our 2021 Vehicle Finance Conference sponsors have you covered.
Register today to ensure you get your java gift cards!
Dunkin’ Donuts Coffee Breaks sponsored by:
… Read the restDid you register for the Vehicle Finance Conference yet?
Feb 09, 2021
You heard it straight from our CEO! Register now for AFSA’s 2021 Vehicle Finance Conference. Don’t miss our fast-paced, informative and fun agenda with industry experts and inspirational keynotes.
Join the Roundtable Discussions
Feb 09, 2021
Join industry experts for engaging roundtable discussions on a variety of topics from bankruptcy to digitization. There are eight different roundtables to choose from between two days; five on Tuesday and three on Wednesday. Don’t miss … Read the rest
LISTEN – Dissecting the CFPB Taskforce Report
Feb 09, 2021
In this episode of the AFSA Extra Credit Podcast, AFSA Senior Vice President speaks with Dr. Tom Durkin about the Consumer Financial Protection Bureau (CFPB) Taskforce Report on Federal Consumer Finance Law. The report provides a number … Read the rest