The Illinois Department of Financial and Professional Regulation will host a roundtable discussion on the impact Special Purpose Depository Institutions (SPDIs) have on digital currency businesses and the financial technology market.

The Illinois Department of Financial and Professional Regulation, Division of Financial Institutions announced Wednesday it has released its annual Consumer Lending Trends Report.

IDFPR announced today that Acting Director of Banking, Chasse Rehwinkel, Director of Financial Institutions, Francisco Menchaca, Acting Director of Professional Regulation, Cecilia Abundis, and Director of Real Estate, Mario Treto Jr. signed the following enforcement actions taken during the month of July 2020.

The following is a description of the status of the Illinois Department of Financial and Professional Regulation’s (“the Department”) review of the applications for the 75 Conditional Adult Use Dispending Organization Licenses (“Conditional Licenses”). In the coming weeks, the Department will post on its website more detailed information regarding this process, including all relevant deadlines.

IDFPR announced today that permanent rules have been adopted for adult use cannabis dispensary licensees to be selected when there are two or more applicants in the same Bureau of Labor Statistics Regions with tied high scores.