Commerce News & Announcements

Utah is expected to receive $57 million more to combat the state’s opioid epidemic  Salt Lake City, UT—Several states have announced an agreement in principle to settle lawsuits across the country over opioid harms and abate the injuries in our communities. The proposed agreement amounts to $7.4 billion from the Sacklers and their former company, Purdue Pharma. Utah, through the...

Happy 2025,  As we close the chapter on 2024, I want to take a moment to share with you some the remarkable accomplishments the Utah Department of Commerce achieved last past year. The department has undergone a transformative year of growth, innovation, and recognition. Here’s a comprehensive look at the year’s key highlights:  Artificial Intelligence Advancements Establishing the Office of...

Utah Department of Commerce’s Divisions of Professional Licensing and Consumer Protection warn consumers after uncovering deceptive sales tactics and unlicensed work. Salt Lake City, UT – The Utah Divisions of Professional Licensing (DOPL) and Consumer Protection (DCP), represented by the Utah Attorney General’s Office, have initiated two legal proceedings demanding substantial fines, consumer redress, and the revocation of the professional...

January 15, 2025 The Utah Department of Commerce’s Office of Professional Licensure Review releases cosmetology licensing recommendations following periodic review, Finds Utah Cosmetology License Requires Millions of Excess Training Hours Salt Lake City, UT – The Office of Professional Licensure Review (OPLR) has published an extensive report evaluating the state of cosmetology licensure in Utah, revealing critical insights aimed at...

An internal investigation called “Project Meramec” shows TikTok executives knew the company was profiting from children being sexually exploited on its platform. Salt Lake City, UT—The Utah Department of Commerce’s Division of Consumer Protections, represented by the Utah Attorney General’s Office, announced today the release of previously redacted information related to its most recent complaint filed against TikTok Inc. (TikTok)....

Powerful Middlemen Substantially Contributed to Utah Opioid Deaths SALT LAKE CITY – As Utah leads national strategies to fight opioid overdoses, addiction, and destruction, Attorney General Sean Reyes on behalf of the State of Utah and Utah Department of Commerce’s Division of Consumer Protection filed a complaint today in Summit County, Utah against two of the nation’s largest Pharmacy Benefit...

December 23, 2024 — Salt Lake City, UT – The Utah Department of Commerce’s Division of Securities (Division) is pleased to announce that an additional $5.9 million has been distributed to victims of the Rust Rare Coins Ponzi scheme, as directed by the court-appointed receiver, Jonathan O. Hafen. This latest distribution brings the total restitution to nearly $30 million for...

December 23, 2024 — Salt Lake City, UT The Utah Department of Commerce’s Division of Securities (Division) is pleased to announce that an additional $5.9 million has been distributed to victims of the Rust Rare Coins Ponzi scheme, as directed by the court-appointed receiver, Jonathan O. Hafen. This latest distribution brings the total restitution to nearly $30 million for those...

December 23, 2024 — Salt Lake City, UT – The Utah Department of Commerce’s Division of Securities (Division) is pleased to announce that an additional $5.9 million has been distributed to victims of the Rust Rare Coins Ponzi scheme, as directed by the court-appointed receiver, Jonathan O. Hafen. This latest distribution brings the total restitution to nearly $30 million for...