In California, several regulatory bodies oversee accounts receivable (AR) factoring companies to ensure they adhere to state laws and industry standards. Key agencies include the California Department of Financial Protection and Innovation (DFPI) and the California Secretary of State. These organizations are responsible for licensing, compliance checks, and enforcing regulations to protect both businesses and consumers. This article provides an in-depth look at the roles of these regulatory bodies, their specific functions, and how they influence the operation of AR factoring companies in California.
Read More: https://statefinancial.com/who-regulates-ar-factoring-companies-in-california/
