California Consumer Financial Protection Law: Regulations, Legislation, Opinions, and Releases

On September 25, 2020, Governor Gavin Newsom signed AB 1864 (Chapter 157, Statutes of 2020), establishing the California Consumer Financial Protection Law (CCFPL) under Division 24 of the Financial Code (commencing with Section 90000).

Final Regulations

PRO 02-21 CCFPL Commercial Financial Products and Services

Adopt: Sections 1060, 1061, and 1062
Date: August 2, 2023
Effective: October 1, 2023

Notice of Approval of Regulatory Action (PDF)

STD. Form 400 – Approved by Office of Administrative Law and Filed in the Office of the Secretary of State (PDF)

Order (Final Text) (PDF)

Final Statement of Reasons (PDF)

Proposed Regulations

PRO 01-21 – CCFPL, CFL, CDDTL, and SLSA – Registration Requirements under the CCFPL

July 2, 2024 – Third Modifications to Proposed Text

Comment Period Ends: July 24, 2024

*In this version, the original proposed text is shown without underline. The first modifications to the text are shown with underline for additions and strikethrough for deletions. The second modifications to the text are shown with double underline for additions and double strikethrough for deletions. The third modifications to the text are shown with italics for additions and strikethrough with italics for deletions.

**This version is provided as a courtesy to the public and shows the second modified text without underline. The third modifications to the text are shown with underline for additions and strikethrough for deletions.

April 26, 2024 – Office of Administrative Law Disapproval

*An agency may rewrite and resubmit disapproved regulations to the Office of Administrative Law (OAL) within 120 days of an agency’s receipt of a written decision from OAL stating the reasons for disapproval. Written decisions must be issued within 7 calendar days of a disapproval letter.

March 14, 2024 – Filed with the Office of Administrative Law

The current status is available here.

January 17, 2024 – Second Modifications to Proposed Text

Comment Period Ends: February 6, 2024

* In this version, the original proposed text is shown without underline. The first modifications to the text are shown with underline for additions and strikethrough for deletions. The second modifications to the text are shown with double underline for additions and double strikethrough for deletions.

** This version is identical to the version described immediately above but is provided as a courtesy to the public so that readers can more easily identify and comment on changes made since the last comment round. This version shows the first modified text without underline. The second modifications to the text are shown with underline for additions and strikethrough for deletions.

Nov 6, 2023 – First Modifications to Proposed Text

Comment Period Ends: November 27, 2023

April 5, 2023 – Initial Proposed Text

Comment Period Ends: May 17, 2023

PRO 02-21 – CCFPL Commercial Financial Products and Services

June 23, 2023 – Filed with the Office of Administrative Law

The current status is available here.

February 24, 2023 – First Modification to Proposed Text

Comment Period Ends: March 13, 2023

Initial Proposed Text

Comment Period Ends: August 8, 2022

PRO 03-21 – CCFPL Complaints and Inquiries

April 14, 2023 – Third Modifications to Proposed Text

Comment Period Ends: April 29, 2023

March 23, 2023 – Second Modifications to Proposed Text

Comment Period Ends: April 7, 2023

December 22, 2022 – Modifications to Proposed Text

Comment Period Ends: January 20, 2023

Initial Proposed Text

Comment Period Ends: July 5, 2022

Invitation for Comments

PRO 01-22 – CCFPL – Crypto Asset-Related Financial Products and Services

Comment Period Ends: August 5, 2022

PRO 01-21 – CCFPL Registration

Comment Period Ends: December 20, 2021

8/18/2021 – PRO 02-21 – CCFPL – Small Business Protections

Comment Period Ends: September 17, 2021

8/18/2021 – PRO 03-21 – CCFPL Complaints

Comment Period Ends: September 17, 2021

2/4/2021 – PRO 01-21 – CCFPL

Comment Period Ends: March 8, 2021

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Last updated: Jul 3, 2024 @ 11:06 am