Illinois Department of Financial and Professional Regulation
State Government: Agencies/Departments/Divisions | Business Regulation
Recent News About Illinois Department of Financial and Professional Regulation
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Illinois Department releases April 2025 enforcement report
The Illinois Department of Financial and Professional Regulation (IDFPR) has released its enforcement report for April 2025.
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Illinois financial regulators announce March 2025 enforcement actions
The Illinois Department of Financial and Professional Regulation (IDFPR) has disclosed enforcement actions undertaken in March 2025.
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March sees surge in adult-use cannabis sales
Sales figures for adult-use cannabis in March 2025 have been released, showcasing a growth in sales both from in-state and out-of-state residents.
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IDFPR announces February 2025 enforcement actions
The Illinois Department of Financial and Professional Regulation (IDFPR) has disclosed enforcement actions carried out in February 2025.
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Adult use cannabis February 2025 sales figures show slight downturn from January
State officials released the sales figures for adult use of cannabis for the past months, highlighting the sales activity that occurred in January and February 2025.
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Illinois financial regulators announce January 2025 enforcement actions
The Illinois Department of Financial and Professional Regulation (IDFPR) has released its enforcement report for January 2025.
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Adult use cannabis sales reach new highs in January
The latest figures for adult-use cannabis sales in January 2025 have been released, showing a total of 3,958,808 items sold.
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Cannabis sales reach over $153 million in December 2024
The latest data on adult-use cannabis sales for December 2024 has been released, showing significant activity in the market.
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Illinois sees over $2 billion annual cannabis sales for fourth consecutive year
As Illinois marks the fifth anniversary of legalizing adult-use cannabis, the Illinois Department of Financial and Professional Regulation (IDFPR) has announced that 2024 witnessed another record year for cannabis sales.
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IDFPR adds new professions to online licensing system
The Illinois Department of Financial and Professional Regulation (IDFPR) has announced the inclusion of four additional professions in its new online licensing system, CORE.
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Millennium Bank assumes control over Pulaski Savings Bank amid financial instability
The Illinois Department of Financial and Professional Regulation (IDFPR) Division of Banking, in collaboration with the Federal Deposit Insurance Corporation (FDIC), has assumed control of Pulaski Savings Bank in Chicago.
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Illinois bank's interest rate on savings accounts set at 0.005% as of Dec 31
The Illinois Department of Financial and Professional Regulation, Division of Banking has announced the interest rate paid by the largest commercial bank in Illinois.
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Cannabis sales rise in November with increased item count and revenue
Adult-use cannabis sales figures for November 2024 have been released, showing a significant increase compared to the same month in the previous year.
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Cannabis sales reach over $142 million in October
Sales figures for adult-use cannabis in October 2024 have been released, showing a total of 4,160,706 items sold.
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Illinois Department releases October 2024 enforcement report
The Illinois Department of Financial and Professional Regulation (IDFPR) has released its enforcement report for October 2024.
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Illinois launches new online professional licensing system
The Illinois Department of Financial and Professional Regulation (IDFPR) has launched a new online licensing system called the Comprehensive Online Regulatory Environment (CORE).
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Illinois regulators announce September enforcement actions
The Illinois Department of Financial and Professional Regulation (IDFPR) has disclosed the enforcement actions executed in September 2024. The announcement was made by Director of Financial Institutions, Francisco Menchaca, Acting Director of Professional Regulation, Camile Lindsay, and Director of Real Estate, Laurie Murphy.
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State releases cannabis sales figures for September 2024
The state has released the adult-use cannabis sales figures for September 2024. The report shows that a total of 3,999,904 items were sold during the month. In-state residents accounted for $106,079,925.08 in sales, while out-of-state residents contributed $30,428,941.70. This brings the total sales for September to $136,508,866.78.
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Officials warn against new scam targeting student loan borrowers
The Illinois Department of Financial and Professional Regulation (IDFPR) Division of Banking, alongside Illinois Attorney General Kwame Raoul, has issued a warning about a new scam targeting student loan borrowers. This scam exploits the current uncertainty surrounding student loans by promising lower monthly payments or loan forgiveness in exchange for upfront fees.
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Illinois releases August 2024 enforcement report
The Illinois Department of Financial and Professional Regulation (IDFPR) has released its enforcement report for August 2024. This announcement was made by the department's Director of Financial Institutions, Francisco Menchaca, Acting Director of Professional Regulation, Camile Lindsay, and Director of Real Estate, Laurie Murphy.