Effective January 1, 2016, escrow companies must file a surety bond with the Financial Institutions Division of the New Mexico Regulation and Licensing Department. SB 412 increased the minimum amount for the surety bond from $50,000…
As cases of money laundering and other fraudulent financial business practices have increased in recent years, states are cracking down on financial institutions by enforcing stricter regulations. Recently, Connecticut and Utah passed bills targeting changes…
SuretyBonds.com has developed this general licensing guide as an introduction to money transmitter licensing across the country. Follow this Money Transmitter License Guide to understand common registration requirements for individuals licensed as professional money transmitters. …
Looking for a quick guide for how to register as a freight broker and comply with federal rules and regulations? This article explores the procedures for broker registration, options for security requirements and noteworthy details of the freight…
New Hampshire has revised its bonding requirements for small loan, title loan, payday loan and closed-end loan lenders to now require $25,000 surety bonds to attain licensure as a lender. Former legislation required either proof that the…