Reminder issued by the Massachusetts Division of Banks stressing that entities required to be licensed under M.G.L. c. 169B must cease any licensable activities unless licensed.
What changed
Entities failing to apply by the July 1, 2026 deadline must halt operations.
Compliance perspective
Active enforcement for unlicensed activity with civil penalties for noncompliance.
Key date
Effective date: July 31, 2026.
Need help keeping up with these changes?
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