Clinton R. Rockwell quoted in Law360 article, “Newsom aims to revamp biz oversight to fill Trump vacuum”
Law360Clinton R. Rockwell
Clinton R. Rockwell was quoted extensively on January 10, 2020 in a Law360 article, “Newsom Aims To Revamp Biz Oversight To Fill Trump Vacuum,” which discussed Governor Newsom’s plan to restructure the California Department of Business Oversight to better protect consumers and promote the development of innovative financial products.
Rockwell noted, “The increased focus on financial protection is a continuation of the DBO's activity in recent years. Clearly, the new name and new Financial Technology Innovation Office is geared to not stifle fintech innovation in California, which is a major economic driver. But how that matches with the enhanced enforcement powers and how that will work in practice remains to be seen."
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