Brandon Wong

Brandon Wong

Venable LLP

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Latest Posts › Department of Financial Protection and Innovation (DFPI)

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California Expands UDAAP Prohibitions to Commercial Financing

Commercial financing in California will be subject to a new rule prohibiting unfair, deceptive, and abusive acts and practices (UDAAPs) effective October 1, 2023. The prohibition extends federal UDAAP restrictions to small...more

9/19/2023  /  Commercial Loans , Department of Financial Protection and Innovation (DFPI) , Farms , Financial Institutions , New Rules , Nonprofits , Rulemaking Process , Small Business , UDAAP
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