Fall 2020 news and updates from the Washington State Department of Financial Institutions.

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In This Issue

DFI Continues To Carry Out Its Mission During COVID-19 Pandemic

Message from DFI Director Charlie Clark about how DFI is continuing to carry out its mission during the COVID-19 pandemic.

Reverse Mortgages - An Introduction

An introduction to reverse mortgages and how they work.

State and Federal Banking Regulators Issue COVID-19 Guidance

State and federal financial regulators have been active issuing guidance during the COVID-19 pandemic.

Division of Credit Unions Specialty Exams Program Enhancements

The Division of Credit Unions (DCU) specialty exams section is getting a tune-up to ensure two of its most important programs run smoothly and at peak efficiency in the future.

Investing Through Mobile Trading Apps

Tips and things to think about when investing through mobile trading apps.

The Evolving Cryptocurrency Investment Scene

An update from DFI's Division of Securities regarding the evolving cryptocurrency investment scene.

Moving Financial Education Online

DFI will be expanding its financial education online this fall to include virtual presentations and outreach events.

State And Federal Agencies Help Washington Residents Identify COVID-19 Related Scams

More than 7,600 Washington residents called in to the Aug. 26 AARP Tele Town Hall on how to spot and avoid becoming a victim of COVID-19-related scams.

NASAA Model Whistleblower Award and Protection Act

On Aug. 31, 2020, the North American Securities Administrators Association (NASAA) adopted a model state law that is designed to incentivize individuals who have knowledge of potential securities law violations.

Consumer Services Reminds Licensees about Upcoming Renewal Deadlines

With the arrival of September, it is time for thousands of Consumer Services’ licensees to start preparing for renewals.

DFI Awarded 2020 Rainbow Alliance and Inclusion Network (RAIN) Outstanding Agency Award!

DFI takes pride in being an inclusive and safe environment for LGTBQ+ employees. Our agency is one of three to receive this award in 2020.

RAIN Award