The Illinois Department of Financial and Professional Regulation (IDFPR) is the Illinois state government code department that through its operational components, the Division of Banking, Division of Financial Institutions, Division of Professional Regulation, and Division of Real Estate, oversees the regulation and licensure of banks and financial institutions, real estate businesses and professionals, and various licensed professions, and is charged with enforcing standards of professional practice and protecting the rights of Illinois residents in their transactions with regulated industries.

Description

The Illinois Department of Financial and Professional Regulation was created on July 1, 2004. It is responsible for the regulation, oversight, and licensure of almost 300 different types of professional licenses and financial institutions. The current director ("Secretary") of this department is Mario Treto, Jr. On April 1, 2014, Executive Order 3 (2014) was issued and created the Division of Real Estate. In August 2013, Illinois became the 20th state to legalize medical cannabis when the Compassionate Use of Medical Cannabis Program Act was signed into law. IDFPR became responsible for licensing and regulating the dispensaries that sell medical cannabis to patients, along with each dispensaries’ Principal Officers, Agents-in-Charge, and Agents. On June 25, 2019, Governor Pritzker signed the Cannabis Regulation and Tax Act, which made Illinois the 11th state to legalize adult use cannabis. IDFPR oversaw the successful rollout of the program, which allowed existing medical cannabis dispensaries to begin selling adult use cannabis on January 1, 2020. Similar to its medical cannabis licensing responsibilities, IDFPR licenses adult use cannabis dispensaries, along with the Principal Officers, Agents-in-Charge, and Agents at each dispensary. IDFPR is also responsible for tracking and reporting the sales made at adult use cannabis dispensaries.

Professions Regulated by IDFPR

Division of Banking
ref name="auto">
State Chartered Banks, Trust Companies and Saving Institutions

Mortgage Loan Originators

Pawnbrokers

Residential Mortgage Companies State

Student Loan ServicersDivision of Financial Institutions

Auto Title Lenders

Consumer Installment Lenders

Credit Unions

Currency Exchanges

Debt Management

Debt Settlement

Money Transmitters

Safety Deposit Boxes, Safes, & Vaults

Payday Lenders

Sales Finance

Title InsuranceDivision of Professional Regulation
ref name="auto"/>
Acupuncture

Adult Use Cannabis

Architecture

Athletic Training

Audiology

BarberCosmetologyEstheticsHair Braiding
an
Nail Technology
Shops
Cemetery / Cemetery Managers

Collection Agency

Controlled Substance

Dentistry

Detection of Deception

DetectiveAlarmSecurity
an
Locksmith

Dietitian Nutritionist

Electrologists

Environmental Health Practice

Funeral Directing and Embalming

Genetic Counselor

Geology

Home Medical Equipment and Service

Humane Euthanasia

Interior Design

Land Surveying

Limited Liability Company

Mail Order Ophthalmic Provider

Marriage and Family Therapy

Massage Therapy

Medical

Medical Cannabis

Medical Corporation

Naprapathy

Nursing

Nursing Home Administration

Occupational Therapy

Optometry

Orthotics, Prosthetics & Pedorthics

Perfusion

Pharmacy

Physical Therapy

Physician Assistant

Podiatry

Professional Boxing and Mixed Martial Arts

Professional Counseling

Professional Engineering

Service Corporation

Psychology

Public Accounting

Respiratory Care

Roofing

Sex Offender Evaluators

Shorthand Reporting

Social Work

Speech-Language Pathology and Audiology

Structural Engineering

Surgical Assistant

Veterinary Medicine

Wholesale Drug DistributorsDivision of Real Estate
ref name="auto"/>
Auction

Community Association Management

Home Inspection

Real Estate Appraisal

Real Estate Brokerage

References

External links

Department of Financial and Professional Regulation
(official website)

of the

Illinois Administrative Code The Illinois Administrative Code (Ill. Adm. Code or IAC) is the official compilation of the administrative rules of Illinois state agencies published in the Illinois Register, and is maintained by the Illinois Secretary of State in cooperation wi ...

TITLE 68: PROFESSIONS AND OCCUPATIONS
of the Illinois Administrative Code {{authority control Financial And Professional Regulation Bank regulation in the United States by state