California Legislators Seek to Clean Up the Language In The Commercial Financing Disclosure Law

A bill to amend California’s commercial financing disclosure law is making its way through the legislature.

“In order to strengthen the effect of existing law, this act seeks to provide further clarity to market participants and to the Department of Financial Protection and Innovation (DFPI) related to deceptive marketing and the authority of DFPI to enforce the law,” the bill says.

The latest iteration of the bill can be viewed here.