Deputy Commissioner Office of Financial Technology Innovation
California Department of Financial Protection and Innovation
The California Consumer Financial Protection Law signed by Governor Gavin Newsom in 2020 reimagined the California financial regulator, the Department of Financial Protection and Innovation. In May 2021, the Department’s Office of Financial Technology Innovation (OFTI) opened its doors. OFTI’s mission is to support responsible innovation and job creation and retention in California. Learn what the DFPI has accomplished since May, and what they have in store for 2022.