California Department of Business Oversight

The California Department of Business Oversight (DBO) is a state agency responsible for regulating financial institutions, securities, and certain consumer finance companies within California. Its role is to protect consumers by ensuring businesses operate fairly, transparently, and in compliance with laws. The DBO approves licensing, monitors practices, investigates complaints, and enforces rules to prevent fraud and financial misconduct. Essentially, it acts as a safeguard to maintain a trustworthy financial marketplace in the state.