Consumer Finance

California DFPI Issues New “Complaint” Regulations

December 28, 2022

On May 20, 2022, the Department of Financial Protection and Innovation published a Notice of Proposed Rulemaking (PRO 03-21) to adopt Article 5, including sections 1070, 1071, 1072, 1073, 1074, and 1075 of Title 10, Chapter 3, Subchapter 4 of the California Code of Regulations, to implement, interpret, and make specific Financial Code section 90008 of the California Consumer Financial Protection Law. The Department now proposes to make several modifications to the proposed regulations, the blacklined changes for which are reflected here: https://dfpi.ca.gov/wp-content/uploads/sites/337/2022/12/PRO-03-21-Proposed-Modifiecations-to-the-Text.pdf?emrc=1efef1.

The last day to submit comments on these proposed modifications is Friday, January 13, 2023.

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Consumer Finance

California DFPI Issues New “Complaint” Regulations

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