https://arrowintsys.com/regulatory-activities Latest press releases, guidance, and enforcement actions from the California DFPI. Compiled by Arrow AIM. en-us https://dfpi.ca.gov/press_release/dfpi-action-results-in-nearly-3000-people-receiving-7m-in-restitution-after-california-land-investment-scam/ https://dfpi.ca.gov/press_release/dfpi-action-results-in-nearly-3000-people-receiving-7m-in-restitution-after-california-land-investment-scam/ Tue, 07 Jul 2026 00:00:00 GMT The DFPI announced today that almost 3,000 consumers—many from California’s Filipino, Chinese, and Hispanic communities—will soon receive checks totaling more than $7 million in restitution for securities fraud. enforcement investor-protection consumer-protection https://dfpi.ca.gov/press_release/dfpi-action-results-in-nearly-3000-people-receiving-7m-in-restitution-after-california-land-investment-scam-chinese/ https://dfpi.ca.gov/press_release/dfpi-action-results-in-nearly-3000-people-receiving-7m-in-restitution-after-california-land-investment-scam-chinese/ Tue, 07 Jul 2026 00:00:00 GMT 加利福尼亚州金融保护与创新局今日宣布，近 3,000 名消费者将陆续收到退赔支票，以补偿其因证券欺诈遭受的损失，补偿总额超过 700 万美元，其中许多消费者是加州菲律宾裔、华裔及西班牙裔。上述退款由加州法院裁定发放，源于 DFPI 针对克恩县一起欺诈性土地开发计划所采取的执法行动。 enforcement investor-protection consumer-protection https://dfpi.ca.gov/press_release/dfpi-action-results-in-nearly-3000-people-receiving-7m-in-restitution-after-california-land-investment-scam-spanish/ https://dfpi.ca.gov/press_release/dfpi-action-results-in-nearly-3000-people-receiving-7m-in-restitution-after-california-land-investment-scam-spanish/ Tue, 07 Jul 2026 00:00:00 GMT El Departamento de Protección e Innovación Financiera (DFPI, por sus siglas en inglés) de California anunció hoy que casi 3 mil consumidores, muchos de las comunidades filipina, china e hispana de California, pronto recibirán cheques que sumarán más de $7 millones en restitución por fraude. enforcement investor-protection consumer-protection https://dfpi.ca.gov/press_release/dfpi-action-results-in-nearly-3000-people-receiving-7m-in-restitution-after-california-land-investment-scam-tagalog/ https://dfpi.ca.gov/press_release/dfpi-action-results-in-nearly-3000-people-receiving-7m-in-restitution-after-california-land-investment-scam-tagalog/ Tue, 07 Jul 2026 00:00:00 GMT Inanunsyo ngayong araw ng California Department of Financial Protection and Innovation (DFPI) na halos 3,000 consumer—marami sa kanila ay mula sa mga komunidad ng mga Pilipino, Chinese, at Hispanic sa California—ang malapit nang makatanggap ng mga tseke na nagkakahalaga ng mahigit $7 milyon bilang kabayaran o restitusyon para sa pandaraya sa mga panagot (securities). enforcement investor-protection consumer-protection https://dfpi.ca.gov/press_release/dfpi-cracks-down-on-financial-firms-charging-excessive-commissions-to-customers/ https://dfpi.ca.gov/press_release/dfpi-cracks-down-on-financial-firms-charging-excessive-commissions-to-customers/ Wed, 01 Jul 2026 00:00:00 GMT What You Need to Know: DFPI orders companies to refund $1.3 million to Californians for excessive commissions. SACRAMENTO – As part of its robust efforts to protect Californians from irresponsible […] enforcement consumer-protection regulatory-guidance https://dfpi.ca.gov/press_release/governor-newsom-convenes-the-first-meeting-of-californias-tech-fraud-task-force-to-help-strengthen-consumer-protections/ https://dfpi.ca.gov/press_release/governor-newsom-convenes-the-first-meeting-of-californias-tech-fraud-task-force-to-help-strengthen-consumer-protections/ Wed, 24 Jun 2026 00:00:00 GMT What You Need to Know: As California remains at the forefront of responsible innovation, Governor Gavin Newsom highlights the state’s efforts at the first convening of the Tech Fraud Task […] consumer-protection policy-statement interagency https://dfpi.ca.gov/press_release/dfpi-helps-secure-3-million-in-refunds-for-mortgage-fraud-victims/ https://dfpi.ca.gov/press_release/dfpi-helps-secure-3-million-in-refunds-for-mortgage-fraud-victims/ Tue, 09 Jun 2026 00:00:00 GMT The DFPI announced today that more than 1,800 consumers — about half of them from California — who were victims of a multiyear mortgage fraud scheme, will soon receive refunds totaling nearly $3 million. enforcement consumer-protection interagency https://dfpi.ca.gov/press_release/dfpi-secures-4-million-penalty-against-unlicensed-lender-navitas/ https://dfpi.ca.gov/press_release/dfpi-secures-4-million-penalty-against-unlicensed-lender-navitas/ Mon, 08 Jun 2026 00:00:00 GMT The DFPI today announced that it has ordered Florida-based Navitas Credit Corp. (Navitas) to pay a $4 million penalty for carrying out unlicensed lending activities – a violation of the California Financing Law (CFL). enforcement lending regulatory-guidance https://dfpi.ca.gov/press_release/dfpi-shuts-down-crypto-kiosk-operator-for-cheating-consumers-and-violating-state-laws/ https://dfpi.ca.gov/press_release/dfpi-shuts-down-crypto-kiosk-operator-for-cheating-consumers-and-violating-state-laws/ Mon, 18 May 2026 00:00:00 GMT In an ongoing effort to protect California consumers, the DFPI has announced that Anh Management, LLC, known as Hermes Bitcoin, must cease operating all of its digital financial asset kiosks (a/k/a ‘Bitcoin ATMs’) in California by May 20, 2026. enforcement crypto-assets consumer-protection https://dfpi.ca.gov/press_release/dfpi-secures-1-million-settlement-with-yotta-technologies-for-deceptive-practices/ https://dfpi.ca.gov/press_release/dfpi-secures-1-million-settlement-with-yotta-technologies-for-deceptive-practices/ Fri, 15 May 2026 00:00:00 GMT DFPI takes action after a California fintech company deceives financial customers. Yotta is required to provide notice and documents to impacted Californians to assist with fund recovery. enforcement consumer-protection disclosure https://dfpi.ca.gov/press_release/supporting-financial-empowerment-dfpi-opens-new-calmoneysmart-grant-application-period/ https://dfpi.ca.gov/press_release/supporting-financial-empowerment-dfpi-opens-new-calmoneysmart-grant-application-period/ Mon, 30 Mar 2026 00:00:00 GMT The DFPI announced that $3.2 million in grants is available through the 2026–2028 CalMoneySmart program for nonprofit organizations that provide free financial empowerment services to California residents. consumer-protection community-reinvestment-act press-release https://dfpi.ca.gov/press_release/dfpi-ordena-a-apoyo-financiero-inc-pagar-mas-de-1-millon-por-cobrar-de-mas-a-los-clientes/ https://dfpi.ca.gov/press_release/dfpi-ordena-a-apoyo-financiero-inc-pagar-mas-de-1-millon-por-cobrar-de-mas-a-los-clientes/ Mon, 17 Nov 2025 00:00:00 GMT The DFPI announced that a Concord-based lender, Apoyo Financiero, Inc., must pay a hefty $1 million penalty for charging excessive interest and fees to its customers. enforcement lending consumer-protection https://dfpi.ca.gov/press_release/dfpi-orders-apoyo-financiero-inc-to-pay-penalty/ https://dfpi.ca.gov/press_release/dfpi-orders-apoyo-financiero-inc-to-pay-penalty/ Mon, 17 Nov 2025 00:00:00 GMT The DFPI announced that a Concord-based lender, Apoyo Financiero, Inc., must pay a hefty $1 million penalty for charging excessive interest and fees to its customers. enforcement lending consumer-protection https://dfpi.ca.gov/press_release/dfpi-cracks-down-on-cash-to-crypto-kiosk-operators/ https://dfpi.ca.gov/press_release/dfpi-cracks-down-on-cash-to-crypto-kiosk-operators/ Thu, 30 Oct 2025 00:00:00 GMT DFPI today announced that it has taken action against multiple crypto kiosk operators, including Nevada-based LSGT Services, LLC (Coinhub), which must pay a total of $675,000. enforcement crypto-assets consumer-protection https://dfpi.ca.gov/press_release/dfpi-secures-scheme-targets-the-elderly/ https://dfpi.ca.gov/press_release/dfpi-secures-scheme-targets-the-elderly/ Thu, 16 Oct 2025 00:00:00 GMT The DFPI announced today that after taking legal action, a California-based company, Safeguard Metals LLC (Safeguard Metals), and its owner, Jeffrey Santulan, also known as Jeffrey Ikahn or Jeffrey Hill (Santulan), has been ordered to pay more than $51 million to those they defrauded and in costly penalties. enforcement consumer-protection investor-protection