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IDFPR Joins Multi-State Coalition of Regulators, Inviting U.S. Secretary of Education to Join Them in Protecting Student Loan Borrowers

Urges Secretary Cardona to Reverse Specific Policies That Undermine States’ Oversight of Student Loan Servicers CHICAGO – IDFPR joined a multi-state coalition of state financial regulators congratulating Secretary Cardona on his confirmation and inviting him to partner with states in protecting student loan borrowers... Read More.

IDFPR Releases Annual Consumer Lending Trends Report

Analyzes Select Consumer Loan Products in Illinois From January 2012 Through December 2019 CHICAGO – The Illinois Department of Financial and Professional Regulation, Division of Financial Institutions announced Wednesday it has released its annual Consumer Lending Trends Report. This report informs the Department of... Read More.

IDFPR Requests Comment on “Digital Currency Regulatory Guidance”

Secretary Bryan A. Schneider with the Illinois Department of Financial and Professional Regulation (“IDFPR”) has announced the release for comment of the Department's proposed “Digital Currency Regulatory Guidance” on decentralized digital currencies, such as Bitcoin, Dogecoin, Litecoin, Ethereum, and Zcash. The proposed guidance expresses... Read More.

IDFPR Pharmacy Citation Pilot Transitions to Permanent Program

The Illinois Department of Financial and Professional Regulation (IDFPR) today announced that its Pharmacy Citation System Pilot Program for minor disciplinary infractions has now transitioned to a permanent initiative.  IDFPR launched the six-month program in February 2016 to remove minor pharmacy violations from the... Read More.