The state of California’s desire to create a watchdog agency akin to the federal Consumer Financial Protection Bureau (CFPB) is moving ahead, after Governor Gavin Newsom (D) signed a package of bills into law to reform the state’s Department of Business Oversight (DBO) into a new entity. The new consumer watchdog, which will be called […]
California State Assembly
The state of California is reportedly seeking to establish its own financial watchdog agency which would operate similarly to the federal Consumer Financial Protection Bureau (CFPB). The proposal would be accomplished through an expansion of the existing California Department of Business Oversight (DBO). This is according to original reporting at NPR. Members of the state […]
A number of representatives from the California state business community are ramping up pressure on state Attorney General Xavier Becerra to delay enforcing the California Consumer Privacy Act (CCPA), since the quickly-evolving situation related to the COVID-19 coronavirus pandemic is putting additional pressure on businesses’ timetable to comply with the law’s new requirements on their […]
On January 1, 2020, the California Consumer Privacy Act (CCPA) became effective and has been described as one of the most comprehensive consumer privacy initiatives ever to be codified into law. Because of its wide implications for businesses throughout the state of California, a panel of legal representatives explained how it could impact the reverse […]