Flash Alert: California DFPI Pauses VC Diversity Reporting — April 1 Deadline Lifted
The California DFPI is suspending the implementation and enforcement of the Fair Investment Practices by Venture Capital Companies Law (FIPVCC).
Yesterday evening, the California Department of Financial Protection and Innovation (DFPI) announced that it is suspending the implementation and enforcement of the Fair Investment Practices by Venture Capital Companies Law (FIPVCC) pending rulemaking. The DFPI stated that it “will not require covered entities to submit further registrations or file reports by the April 1, 2026, deadline.”... By: Lowenstein Sandler LLP