California's New Mini-CFPB Law Largely Parallels Its Federal Cousin
California’s New Mini-CFPB Law Largely Parallels Its Federal Cousin By Brian Casey and Jon Gillum | February 5, 2021 California recently adopted significant amendments to its financial code, resulting in what is now known as the California Consumer Financial Protection Law (CFPL), or colloquially as the California “mini-CFPB” Act. The California CFPL substantially mimics the federal Consumer Financial Protection Act, which was a key part of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The federal Dodd-Frank Act,...
Source: insurancejournal.com