Business ProfileforWorld Trade Finance, LLC
Current Alerts For This Business
Pursuant to a Commissioner’s Order on Electronic Communications, dated November 22, 2013, each CFL licensee must establish an email address for communications from the Commissioner.
Complainant provided notice of this requirement to Respondent – via email to the Designated Email Address of each CFL licensee on July 20, 2021, September 16, 2021, October 14, 2021, November 8, 2021, and December 16, 2021. Complainant also provided notice via email to each CFL licensee that had not yet transitioned to NMLS, including Respondent, on March 7, 2022, and again via email and mail on March 28, 2022. Complainant provided further notice of this requirement over the telephone – Complainant made at least two calls to the designated telephone number provided by each CFL licensee, including Respondent – between February 1 and March 15, 2022.
Complainant determined that Respondent was in violation of Regulation 1422.4 and had not transitioned management of its CFL license to NMLS as of August 5, 2022. Accordingly, Complainant issued a Citation on that date pursuant to Financial Code section 22707.5, subdivision (a). The Citation included an order to correct the violation and an order to pay an administrative fine in the amount of $2,500.00 to the Commissioner by October 4, 2022.
Complainant served the Citation on Respondent via certified mail on August 5, 2022 and by electronic mail at Respondent’s Designated Email Address on September 7, 2022. To date, Respondent has neither complied with the order to correct the violation by transitioning its license to NMLS nor paid the administrative fine. The Commissioner finds that entering into this Consent Order is in the public interest and consistent with the purposes fairly intended by the policies and provisions of the CFL.
At-a-glance
Related Categories
Business Details
- Location of This Business
- 1150 S Olive St Fl 10, Los Angeles, CA 90015
- BBB File Opened:
- 4/13/2023
- Years in Business:
- 35
- Business Started:
- 4/20/1989
- Business Incorporated:
- 4/20/1989
- Licensing Information:
- This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.BBB records show a license number of 201504410001 for this business, issued by Secretary of State-Corporations
These agencies may include:
Secretary of State-Corporations
1500 11th Street
Sacramento CA 95814
- Type of Entity:
- Corporation
- Business Management
- Brian Rush, President
- Contact Information
Principal
- Brian Rush, President
Customer Contact
- Brian Rush, President
Customer Complaints
0 Customer Complaints
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