In a Law360 article, litigation & enforcement partners Amy Jane Longo and Rocky Tsai, and associate Tristan Lim, survey notable developments from 2025 in California's financial regulatory landscape.
Highlights include the enactment of S.B. 825, which expands the DFPI’s UDAAP authority over licensed entities; new DFPI registration requirements for education financing and earned wage access providers; and enforcement and litigation trends raising compliance expectations in cash‑to‑crypto kiosk operations and debt collection practices.
The authors also look ahead to what to expect for 2026, noting that "[e]nforcement will likely persist where regulators have previously found traction: crypto kiosk fee and disclosure practices, manipulative or high-markup sales targeting the older adult population, and technical omissions in debt buyer notices." They also identify state law attacks on fee practices as continued litigation risk for federal credit unions.
Attorneys
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.