California DFPI Enforcement Actions Summary - October 2025

CA DFPI Monthly Actions & Orders Summary

Filed October 1st, 2025

Detected February 12th, 2026

Summary

The California Department of Financial Protection and Innovation (DFPI) issued 7 enforcement actions against 7 entities and 4 actions against individuals in October 2025. These actions address violations of various financial laws, including the California Consumer Financial Protection Law, California Commodity Law, and California Financing Law.

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What changed

The California Department of Financial Protection and Innovation (DFPI) has released a summary of its enforcement and non-enforcement actions for October 2025. The document details 7 enforcement actions against entities and 4 against individuals, involving violations of laws such as the California Consumer Financial Protection Law, California Commodity Law, California Financing Law, Debt Collection Law Act, Escrow Law, and Broker-Dealer regulations. Specific actions include desist and refrain orders, consent orders, accusations to revoke licenses, settlement agreements, and denial of applications. These actions address unlawful activities including unlicensed financing, debt collection, and broker-dealer operations.

Regulated entities operating in California, particularly those involved in financing, debt collection, escrow services, and broker-dealer activities, must review these actions to understand the DFPI's enforcement priorities and ensure compliance with state financial regulations. While specific compliance deadlines are not detailed for these past actions, the summary serves as a critical alert to potential violations and the consequences thereof, including license revocation and penalties. Companies should ensure their practices align with the cited legal sections to avoid similar enforcement measures.

What to do next

Review enforcement actions for October 2025 to identify potential compliance gaps.
Ensure adherence to California Consumer Financial Protection Law, California Commodity Law, California Financing Law, Debt Collection Law Act, Escrow Law, and Broker-Dealer regulations.
Verify all necessary licenses and registrations are current and compliant with DFPI requirements.

Source document (simplified)

SUMMARY OF ENFORCEMENT ACTIO NS AND NON-ENFORCEMENT ISSUED ACT IONS (ADMINISTRATI VE AND CIVIL) BY T HE CALIFORNIA DE PARTMENT OF FINANCIAL PROTECTION AND INNO VATION October 2025 ENFORCEMENT ACTI ONS VIOLATIO NS & SUBJECT ACTION CHARGING SECTIONS Coin Time, LL C 1) Desis t and R efrain Order Unlawful California Consumer 2) Claim for Ancillary Relief Financial Prot ection Law Sacrament o, Cal iforni a 3) Notice of I ntent to Issue a n Order Activ ity Assess ing Penal ties (Financial Code S ection s October 6, 2025 90003(a)(1) and (2), 90012(b)(3) and 90015(c)) Restitution Brands L LC dba Amended Consent Order Unlawf ul California Commodity Terrapas s L aw Activity October 6, 2025 Houston, Texas (Corporations Code Sections 29542, 29536 and 29540) L endflow, Inc. Consent Order Unlawful California Financ ing L aw Activity Austin, Texas October 8, 2025 (Financial Code S ection s 22712, 22161 and 22161) 1

VIOLATIO NS & SUBJECT ACTION CHARGING SECTIONS Chainlink Services L LC Accusation to Revoke DCL A Unlawf ul Debt Collection Licens e L aw Act Activity Amherst, Ca lifornia October 10, 2025 (Financial Code S ection s 100021(a), 100003.3(b)(6), 100003(b)(3), 100003.3(b)(1) and (b)(6)) Golden Sunset Escrows, I nc. Accusation to Revoke Escrow Unlawful Escrow Law Agent's License Activ ity Glendora, California October 13, 2025 (Financial Code S ection 17608) Grow Escrow, I nc. Accusation to Revoke Escrow Unlawful Escrow Law Parham Zar Agent License Activ ity Beve rly Hills, California Accusation in Support of Order (Financial Code S ection s Barring Parham Zar from any 17414(a)(1), (b) and (c), 17411, Position of Employme nt, 17411.1 and 17213.1 and Manage ment, or Control of any 17423) Esc ro w Age nt 's October 15, 2025 2

VIOLATIO NS & SUBJECT ACTION CHARGING SECTIONS Flagship C redit A cceptance LL C Settl ement A greement Unlawful California Financ ing L aw Activity Chadds Ford, Pennsy lvania October 16, 2025 (Financial Code S ection s 90015(d)(1), 90003 and 90012(b)(2)) Apoy o Financiero I nc. Consent Order Unlawful California Financ ing L aw Activity Concord, California October 17, 2025 (Financial Code S ection s 22712, 22304.5 and 22306) D av i d K at z III Expungement Order De nied Unlawful Broker-Dealer Activ ity October 18, 2025 (Corporations Code Sections 25003, 25004 and 25241) Stifel, Nicolaus & Company, I nc. Consent Order Unlawful Broker-Dealer Activ ity St. Louis, Missouri October 20, 2025 (Corporations Code Sections 25212(i), 25249, 25254(a) and 25252) 3

VIOLATIO NS & SUBJECT ACTION CHARGING SECTIONS Caris Investm ent P artners, Inc. Settl ement A greement Unlawful I nvestment Adviser Darren J. Caris Activ ity October 21, 2025 Encinitas, California (Corporations Code Sections 25532 and 25235) Suppa, Trucchi & He nein, LL P Settl ement A greement Unlawf ul Debt Collection L aw Activity Covina, California October 21, 2025 (Financial Code S ection s 90015(d), 90003(a)(1), 100021(a) and 90003(a)(2)) Dboss Funding, L LC Statement of I ssues in Support of Unlawful California Financ ing Notice of I ntention to Issue an L aw Ac tivity L auderhill, Florida Order Deny ing A pplication for Califo rnia Fin ancing Law L icen se (Financial Code S ection s 22100(a) and 22109(a)(3)) October 21, 2025 TranZlanta Fi nancial S ervices, LL C Cease and D esist Order Unlawful Money Transmission Act Activ ity Lacey, Washi ngton October 22, 2025 (Financial Code S ection 2030) 4

VIOLATIO NS & SUBJECT ACTION CHARGING SECTIONS Andre Shane Vanhor n Expungement Order De nied Unlawful Broker-Dealer Activ ity October 22, 2025 (Corporations Code Sections 25003, 25004 and 25241) L S GT Services, L LC dba Consent Order Unlawf ul Digital Fina ncial Coinhub Assets Law and Californ ia October 30, 2025 Consumer Financial Protection Las Vegas, Nevada L aw Activity (Financial Code S ection s 90015(d)(1), 90003(a) (1), 3902, 3904, 3905(a), 3905(b)(1) and (8), 90012(c) and 900012(b)(3)) 5

NON-ENFORCEMENT ACT IONS VIOLATIO NS & SUBJECT ACTION CHARGING SECTIONS Craig Murphy Consent Order Granting Conditi onal Mortgag e Loan Orig inator M LO Li c e n s e L i cense Las Vegas, Nevada October 8, 2025 (Financial Code S ection s 50141, 50144, 22109.1 and 22109.4) G & F Financial, Inc. Accusati o n Unlawful California Financ ing L aw Activity Riverside, California Notice of I ntention to Issue Orde r Revoking California Fina ncing La w (Financial Code S ection s License 22112, 22714 and 22712) Desist and Refrai n Order October 8, 2025 Jose Alberto Rodriguez Aguay o Consent Order Granting Conditi onal Mortgag e Loan Orig inator M LO Li c e n s e L i cense I rvine, California October 9, 2025 (Financial Code S ection s 50141, 50144, 22109.1 and 22109.4) 6

VIOLATIO NS & SUBJECT ACTION CHARGING SECTIONS Value Resources F inancial Group, LL C Order to Discontinue Violations Unlawful I nvestment Adviser Narriman H addad-Di ep Activ ity October 23, 2025 Norco, California (Corporations Code Section 25249) 7