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California Department of Financial Protection and Innovation

2013 establishments in CaliforniaBank regulation in the United States by stateSource attributionState agencies of California
California Department of Financial Protection and Innovation logo
California Department of Financial Protection and Innovation logo

The California Department of Financial Protection and Innovation (abbreviated DFPI; formerly the Department of Business Oversight, DBO) regulates a variety of financial services, businesses, products, and professionals. The department operates under the California Business, Consumer Services and Housing Agency. The DFPI protects California consumers and oversees the operations of state-licensed financial institutions, including banks, credit unions, debt collectors, nonbank mortgage lenders, student loan servicers, money transmitters, and others. Additionally, the department licenses and regulates a variety of financial businesses, including securities brokers and dealers, investment advisers, payday lenders, certain fiduciaries, and nonbank lenders. The department also regulates the offer and sale of securities, franchises, and off-exchange commodities.As of December 6, 2021, Commissioner Clothilde V. Hewlett leads the department, which has offices in Sacramento, San Francisco, Los Angeles, and San Diego.

Excerpt from the Wikipedia article California Department of Financial Protection and Innovation (License: CC BY-SA 3.0, Authors, Images).

California Department of Financial Protection and Innovation
Arena Boulevard, Sacramento

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Geographical coordinates (GPS)

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N 38.6471 ° E -121.5125 °
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Arena Boulevard
94834 Sacramento
California, United States
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California Department of Financial Protection and Innovation logo
California Department of Financial Protection and Innovation logo
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ARCO Arena (1985)
ARCO Arena (1985)

ARCO Arena (originally called the Sacramento Sports Arena and sometimes referred to as the Original ARCO Arena or ARCO Arena I to distinguish it from its successor) was an indoor arena in Sacramento, California. It was the NBA's smallest arena as it held just 10,333 people and was built in 1985 to temporarily accommodate the NBA's Sacramento Kings, who had relocated from Kansas City. The arena's first event was a fashion show on September 12, 1985. The arena also hosted boxing matches.The idea to move the Kings to the building was first pitched in late 1984, with the building being described as a "warehouse under construction" by the Sacramento Bee. The arena cost $12 million to build.Located north of Sacramento's downtown, ARCO Arena was nicknamed "The Madhouse on Market Street", and Kings games in this small venue were 100% sold out. Its official name of "ARCO Arena" is believed to be the first example of an NBA team selling naming rights to a brand new facility: in this case, rights were sold to the Atlantic Richfield Company, which is now a subsidiary of Marathon Petroleum. The Kings sold the naming rights for $5 million over ten years in August 1985, which included the naming rights for the new arena. The Kings left this building in 1988 to move to the new ARCO Arena, built one mile (1.6 km) to the west. The structure survived as an office building for Sprint Communications. On December 19, 2005, the California Department of Consumer Affairs moved their headquarters into the building.