Search

California DFPI Enforcement Actions - September 2025

The California Department of Financial Protection and Innovation (DFPI) issued 14 enforcement actions in September 2025. These actions targeted individuals and firms for violations including unlawful broker-dealer activity, investment adviser misconduct, and illegal digital financial asset activities.

DFPI Enforcement Actions and Orders - December 2025

The California Department of Financial Protection and Innovation (DFPI) issued a summary of enforcement actions and orders for December 2025. These actions include desist and refrain orders, accusations, and license revocations against individuals and entities for violations of securities, debt collection, escrow, and financing laws.

DFPI Enforcement Actions - November 2025

The California Department of Financial Protection and Innovation (DFPI) issued several enforcement actions in November 2025, including consent orders, settlement agreements, and license revocations. These actions address violations of California's Financial Code and Corporations Code related to lending, financing, and securities activities.

CSA and CIRO Guidance for Finfluencers and Firms

The Canadian Securities Administrators (CSA) and Canadian Investment Regulatory Organization (CIRO) have released new guidance for financial content creators ('finfluencers') and the firms they work with. The guidance aims to ensure compliance with securities laws, promote transparency, and protect investors from risks associated with online financial information.

Canadian Securities Regulators Disarm Fraudulent Investment Websites

The Canadian Securities Administrators (CSA) and the Canadian Investment Regulatory Organization (CIRO) announced the initial results of a new initiative to combat fraudulent investment websites. Between June 5 and November 23, 2025, regulators deactivated over 3,900 fraudulent websites and 6,900 URLs.

CSA Eases Investment Fund Reporting Requirements

The Canadian Securities Administrators (CSA) has finalized amendments to modernize the continuous disclosure regime for investment funds, effective April 22, 2026. These changes aim to reduce regulatory burden by providing exemptions from certain reporting requirements and eliminating unnecessary disclosures, while maintaining investor protection.

CSA Warns Registrants About Malicious Impersonation Scam Emails

The Canadian Securities Administrators (CSA) has issued a warning to registrants about a malicious spear phishing scam. The emails impersonate the CSA and aim to obtain personal or confidential business information. Registrants are urged to be vigilant, verify sender addresses, and report suspicious emails.

ESMA Notifications of Compliance with Guidelines Overview Table

The European Securities and Markets Authority (ESMA) has published an overview table detailing notifications of compliance with its guidelines. This document serves as a reference for market participants regarding adherence to ESMA's technical standards and guidelines.

MiCA Reverse Solicitation Guidelines Compliance Table

The European Securities and Markets Authority (ESMA) has published a compliance table for its Markets in Crypto-Assets (MiCA) Regulation reverse solicitation guidelines. This document aims to assist entities in understanding and adhering to the new requirements regarding unsolicited marketing of crypto-asset services.

MiCA Crypto-Asset Transfer Guidelines Compliance Table

The European Securities and Markets Authority (ESMA) has published a compliance table for its MiCA crypto-asset transfer guidelines. This document serves as a reference for entities to assess their adherence to the new regulatory framework for crypto-asset service providers.