Author: Kellie Davis

Savvy Women and Money Financial Education Conference Returns February 2nd

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The Idaho Department of Finance (IDOF) is proud to continue its support of the Savvy Women & Money Conference, taking place Monday, February 2, 2026, from 7:30 a.m. to 4:30 p.m. at the Boise Centre. This free, full-day event will feature exciting speakers and a diverse lineup of breakout sessions designed to help attendees strengthen their financial knowledge and confidence. Registration is required and includes lunch and light refreshments. Additional information, including registration information, can be found online at www.swsmid.org. 

“Helping Idaho women gain the knowledge and confidence to make informed financial decisions is truly important to us. This conference is a meaningful chance to support women wherever they are in their financial journey,” said Director Salvador Cruz of the Idaho Department of Finance.

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Don’t Start the Year with a Scam: The Idaho Department of Finance Unveils the 12 Top Investor Threats

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As Idahoans step into the new year, the Idaho Department of Finance (IDOF) and the North American Securities Administrators Association (NASAA) are reminding investors that fraud remains a year-round risk. As tactics evolve, the start of the year is an ideal time to stay alert and review emerging threats. Drawing on data from NASAA’s 2025 Enforcement Report and annual survey of top investor threats, IDOF has identified the top investor frauds and schemes to watch for as we begin the new year.

According to NASAA’s 2025 Enforcement Report, state securities regulators conducted over 8,800 active investigations in 2024, leading to more than $259 million in monetary fines and restitution. The data reveals that while scammers are using new technologies like artificial intelligence (AI) to dress up their schemes, the goal remains the same: separating victims from their hard-earned money. 

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Idaho Department of Finance Receives CSBS Reaccreditation for Bank and Mortgage Supervision

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The Idaho Department of Finance announces it has earned reaccreditation from the Conference of State Bank Supervisors (CSBS) for its bank and mortgage supervision programs. This recognition reaffirms the Department’s commitment to protecting Idaho consumers and ensuring a safe and sound financial system.

Reaccreditation means Idaho retains authority over its own banking and mortgage markets, rather than relying on federal oversight. It confirms that the Department meets rigorous national standards, reduces unnecessary regulatory costs, and helps keep financial services accessible and affordable for Idaho families. It also strengthens Idaho’s reputation as a strong environment for financial institutions and supports the continued stability of banks and mortgage companies serving communities across the state.

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Tax Debt Settlement Firms are Required to Obtain a License in Idaho

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In a significant ruling issued on August 21, 2025, the Idaho Supreme Court upheld the Idaho Department of Finance’s authority to regulate tax debt settlement companies under the Idaho Collection Agency Act (ICAA).

The ICAA governs entities that provide services to manage, adjust, or settle debts—including unpaid tax obligations. Companies offering or providing stand-alone tax settlement services to Idaho residents are required to have a license with the Department.

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Protect Your Financial Accounts: Evolving Imposter Scams Use New Tricks to Gain Access

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The Idaho Department of Finance (IDOF) is alerting consumers to alarming new tactics reported in increasingly sophisticated imposter scams, wherein scammers disguise themselves as romantic connections, potential employers, or investment professionals, tricking victims into linking financial accounts and initiating an electronic request to transfer funds. Imposter scams and similar schemes result in significant financial losses. By understanding how they are evolving, consumers are better situated to recognize warning signs and avoid falling victim.

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