How We Protect Consumers
Consumer Education
We provide information and resources to give consumers the tools to make smart financial decisions. Learn about your rights as a borrower and plan for the future.
Regulation
We regulate a wide variety of financial services, products, and professionals in California. In 2020, our mission broadened to include emerging markets and financial innovations.
Enforcement
Violators are held responsible through actions, orders, and administrative hearings. We also publish consumer alerts to alert the public to fraudulent activity.
News and Updates
The DFPI has reached an agreement with Texas-based Restitution Brands LLC stemming from the sale of carbon credits to California consumers who were not informed that the company took a significant portion of their carbon credit purchase in hidden markups.
The DFPI announced today that it has entered into a consent order with Seattle-based Coinme, Inc. (Coinme), a crypto kiosk operator, for non-compliance with the state’s Digital Financial Assets Law (DFAL)
The Consumer Financial Protection Bureau (CFPB) is providing long-delayed restitution to victims of predatory tech sales program Prehired, LLC (Prehired) after California and several other states pressed for answers in May.
2024 Report Highlights Expanded Rulemaking, Consumer Complaints SACRAMENTO – The Department of Financial Protection and Innovation (DFPI) has released its 2024 report, highlighting increases in investigations, public actions, and consumer […]
DFPI joined leaders from eleven states in pressing the federal Consumer Financial Protection Bureau (CFPB) to issue long-delayed restitution to victims of a predatory tech sales program.
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600+
ENFORCEMENT ACTIONS in 2024
500,000+
Regulated companies and professionals
14,928
Consumer Complaints RECEIVED in 2024
Department of Financial Protection and Innovation
About the DFPI
The California Department of Financial Protection & Innovation is dedicated to helping California consumers. We believe innovation can exist alongside fair and honest business practices.
Gavin Newsom
KC Mohseni
Commissioner, Department of Financial Protection and Innovation