Division of Banking and Securities Program Overview The division regulates state depository and non-depository financial institutions, administers and enforces Alaska's financial services laws, and provides information for consumers, investors, entrepreneurs, and regulated industries. The division has three primary functional areas; licensing, examinations, and enforcement. Division staff answer inquiries, investigate and resolve complaints, and contribute to education and outreach activities. COVID-19 Special Notices Please check our News and Alerts page for updates or additional guidance that may be issued related to the pandemic. Mortgage Loan Originators Regulation Updates Deferred Deposit Advance (Payday Lender) regulation changes effective December 21, 2019. Mortgage Lending regulation changes effective February 6, 2020. Disclaimer: This site is provided as a public service for general informational purposes only; it does not attempt to address specific business transactions or legal disputes. This service is not intended to be legal advice, and should not be construed as a replacement for competent legal counsel.