Alert: California Finalizes Rulemaking for Agent-of-a-Payee Exemption in Money Transmission Licensing

The California Department of Financial Protection and Innovation (DFPI) has finally adopted final rules relating to the scope of the agent-of-a-payee exemption under the California Money Transmission Act (MTA), Cal. Fin. Code ยง 2000 et seq....
By: Cooley LLP

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