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What is a California DFPI license?

Banks. Broker-Dealers Investment Advisers. Business and Industrial Development Corporations (BIDCO) California Finance Lenders.

What does DBO stand for?

DBO AcronymDefinitionDBODepartment of Business OversightDBODatabase OwnerDBODirector of Business Operations (various organizations)DBODesign, Build, Operate37 more rows

Who regulates companies in California?

The Department of Business Oversight (DBO) provides protection to consumers and services to businesses engaged in financial transactions. The Department regulates a variety of financial services, products and professionals.

Is the DBO the same as DFPI?

Effective September 29, 2020, the DBO changed its name to the Department of Financial Protection and Innovation (DFPI). The revamped department will still report to the Business, Consumer Services & Housing Agency.

What does the California Department of Business Oversight do?

The Department of Business Oversight regulates a variety of financial services, products and professionals including state-licensed financial institutions, including banks, credit unions, money transmitters, securities brokers and dealers, investment advisers, and pay-day lenders.

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