Analysis

Calif. Could Soon Create 'Mini-CFPB': 5 Things To Know

Law360 (September 8, 2020, 10:20 PM EDT) -- California's financial services regulator could soon get an upgrade after state lawmakers passed legislation that would revamp the agency in the image of the U.S. Consumer Financial Protection Bureau, signaling an increased focus on fintech in particular.

In a last-minute push last week before adjourning for the year, legislators in Sacramento sent the California Consumer Financial Protection Law to Gov. Gavin Newsom for his expected approval, moving the state one step closer to realizing plans he and other Democrats have championed to beef up its regulation of the financial services industry.

To that end, the CCFPL calls for transforming the state's...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!