California

California Expects IPO Tax Windfall

California Expects IPO Tax Windfall
California Expects IPO Tax Windfall
April 01, 2019  |  IPO

California is gearing up to get a tax windfall from all the initial public offerings of California companies slated for this year. According to a...

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Michael Avenatti Arrested For Bank, Wire Fraud
Michael Avenatti Arrested For Bank, Wire Fraud
March 26, 2019  |  Legal & Regulation

Attorney Michael Avenatti has been charged in two federal cases with wire and bank fraud, as well as allegedly attempting to extort more than $20...

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Lyft IPO Oversubscribed, Could Reap $1B In CA Taxes
Lyft IPO Oversubscribed, Could Reap $1B In CA Taxes
March 20, 2019  |  IPO

Lyft’s initial public offering (IPO) is reportedly oversubscribed, with the company on its way to getting or maybe even exceeding its sought-after $23 billion valuation....

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State Banking Regs Back CA Data Privacy Plan
State Banking Regs Back CA Data Privacy Plan
March 18, 2019  |  B2B Payments

The Conference of State Bank Supervisors (CSBC) said last week that there should be a “floor” for data privacy and security regulations, a statement issued by...

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FinTech Firms Ease Resistance To California SMB Borrower Protection Rules
FinTech Firms Ease Resistance To California SMB Borrower Protection Rules
March 05, 2019  |  B2B Payments

Heightening efforts among policymakers across the globe to expand customer protections in the financial services (FinServ) space have largely left small business (SMB) banking and...

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Calif Lawmakers Seek More Stringent Data Privacy Law
Calif Lawmakers Seek More Stringent Data Privacy Law
February 26, 2019  |  Legal & Regulation

California lawmakers are looking to make their strictest-in-the-nation data privacy law even tougher. Last year, California passed the California Consumer Privacy Act (CCPA) that provides consumers with more...

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California To Strengthen Data Breach Laws, Close Loopholes
California To Strengthen Data Breach Laws, Close Loopholes
February 22, 2019  |  Cybersecurity

Lawmakers in California have proposed a new bill that would close some loopholes in data breach notification laws, according to reports. Attorney General Xavier Becerra...

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Colorado’s Marijuana Industry Tops $6B
Colorado’s Marijuana Industry Tops $6B
February 13, 2019  |  Retail

The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. In addition, taxes...

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