DFI Press Releases
Press releases issued by the Washington State Department of Financial Institutions.
- January 10, 2024
WA DFI Issues Policy Statement and Consumer Alert to Increase Consumer Awareness of Scams Involving Virtual Currency Kiosks
Washington State Department of Financial Institutions clarifies disclosure requirements to caution consumers about scams, and issues a consumer alert on scams involving virtual currency kiosks - November 16, 2023
WA DFI Issues Action Against GSPartners, Citing Certificate Sales and Multi-Level Marketing Program Violate State Securities Law
Washington State Department of Financial Institutions joins several other states issuing actions against GSPartners for violating securities laws with multi-level marketing scheme - October 25, 2023
DFI, CFTC, and 29 State Regulators Reach Settlement with Safeguard Metals In $68 Million Fraud Targeting Elderly Adults
Customer restitution and civil money penalties to be determined in next phase of litigation - October 17, 2023
DFI Enters Multi-State Settlement with ACI Payments, Inc. for Unauthorized Transactions
ACI Payments agrees to pay combined fines of $20 million to state regulators and state attorneys general and to maintain a comprehensive risk management program - August 1, 2023
WA Among States To Recover $5.5 Million In Overcharges For Lear Captial Investors
- July 24, 2023
Washington State Securities Fraud Whistleblower Bill 1370 Went Into Effect July 23
- July 11, 2023
WA DFI Joins $12.4 Million Settlement with Raymond James for Charging Unreasonable Commissions
Washington State DFI joins a multi-state settlement with Raymond James for violating securities laws, taking more than $8,250,000 in excess commissions from investors