Section 1012 - [Operative 2/15/2025] Representations Concerning Registration(a) It is a deceptive practice under Financial Code section 90003, subdivision (a)(1), for a registrant to represent, directly or indirectly, that the registrant's acts, practices, or business have been approved by the Commissioner or the Department of Financial Protection and Innovation.(b) If a registrant operates a website that describes its subject products, the registrant shall disclose on that website that the registrant is registered with the California Department of Financial Protection and Innovation, which may be abbreviated as "DFPI," under the California Consumer Financial Protection Law, which may be abbreviated as "CCFPL," and provide the registrant's Department registration number.Cal. Code Regs. Tit. 10, § 1012
Note: Authority cited: Section 90009, Financial Code. Reference: Sections 90003, 90005 and 90009, Financial Code.
1. New section filed 10-11-2024; operative 2/15/2025 (Register 2024, No. 41).