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Tuesday, February 4, 2025
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Illinois Joins $80 Million Enforcement Action Against Block, Inc., Cash App for BSA/AML Violations

“This enforcement action demonstrates the Illinois Department of Financial and Professional Regulation’s (IDFPR) continued commitment to ensuring the integrity of the financial services industry and protecting consumers,” said IDFPR Secretary Mario Treto, Jr. #enforcement

IDFPR Launches New Online Professional Licensing System

“Everyone wanting to earn a living in Illinois in the 21st century should have tools of the times available so they can be licensed and get to work as soon as possible,” said IDFPR Secretary Mario Treto, Jr. #licensing

IDFPR Announces Plans for New Digital Licensure Process for Working Professionals in Illinois

IDFPR Announces Plans for New Digital Licensure Process for Working Professionals in Illinois (Chicago, IL) – The Illinois Department of Financial and Professional Regulation (“IDFPR”)...

Assistant Minority Leader Haas Urges Department of Financial & Professional Regulation to Address Behavioral Health License Application Delays

Leader Haas is the Republican Spokesperson for the Healthcare Availability & Access and Mental Health & Addiction Committees and has served her community as a social worker for over thirty years... #mentalhealth

Pritzker Administration Announces Timeline for Next Cannabis Dispensary License Lottery

Each applicant drawn for an opportunity for a conditional license will have 45 calendar days to prove certain social equity eligibility criteria... #cannabis

IDFPR Issues First Full, Social Equity Cannabis Dispensing Organization Licenses

IDFPR has issued 192 conditional adult use cannabis dispensing organization licenses from a series of lotteries in 2021 and 2022. #dispensary

Pritzker Administration Issues Second Wave of Conditional Adult Use Cannabis Dispensary Licenses

Of the businesses selected for licenses, 41% are majority Black-owned, 7% are majority White-owned, and 4% are majority Latino-owned, while 38% of awardees did not disclose the race of their owners

IDFPR Releases Annual Consumer Lending Trends Report

"The report reflects the significant impact of the COVID-19 pandemic on consumer lending in 2020. Compared to previous years, there were substantial decreases in number of borrowers, number of loans issued, and aggregate amounts originated for all reported loan types." #IDFPR

Gov. Pritzker Signs Legislation Providing Student Borrowers with Critical Information on Educational Lending Options

Gov. Pritzker Signs Legislation Providing Student Borrowers with Critical Information on Educational Lending Options (Springfield, IL) - Governor JB Pritzker signed House Bill 2746, the Know Before You Owe Private Education Loan Act, into law.

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