Refer to the input text as context and select the correct relationship between 'Commissioner' and 'California' from the available options.
Options: stock exchange, parent organization, location of formation, product/material produced

On July 22, the FDIC, along with the Commissioner of the California Department of Business Oversight (“DBO”), announced the assessment of a $140 million civil money penalty against a California state-chartered bank to resolve allegations that it failed to implement and maintain an adequate BSA/AML Compliance Program over an extended period of time.
location of formation