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California Enacts Sweeping New Regulation of Commercial Financing

calendar_today October 13, 2026 person John D. Socknat, Alan S. Kaplinsky and John L. Culhane, Jr. domain ballard-spahr

California has once again expanded its regulation of financial services. On September 30, 2026, Governor Gavin Newsom signed Assembly Bill 2116 , which will subject a broad range of commercial financing providers and brokers to licensing, substantive conduct requirements, and regulatory oversight by the California Department of Financial Protection and Innovation (DFPI)…. Continue Reading

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