Department of Financial Protection and Innovation (DFPI)

regulator

Last mentioned: Mar 3, 2026

Timeline

  1. First Annual Report Due

    Submission of the first comprehensive demographic report covering the 2025 investment cycle to the DFPI.

  2. DFPI Registration Deadline

    Covered entities must register through the DFPI VCC Registration Portal with designated contact information.

  3. Data Collection Period Begins

    Firms must begin tracking demographic data for all investments made throughout the 2025 calendar year.

Stories mentioning Department of Financial Protection and Innovation (DFPI) 1

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California Mandates VC Diversity Reporting: A New Era for Workforce Equity

California's Fair Investment Practices by Venture Capital Companies Law (FIPVCC) introduces mandatory demographic reporting for venture firms with a state nexus. Starting March 2026, covered entities must register and disclose founder-level diversity data, signaling a major shift in how the investment workforce is monitored.

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