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The CFPB's guidance, described in this article, is significant for all depository institutions but especially those that rely on deposit fee revenue.

The CFPB announced it will begin examining the operations of post-secondary schools, including for-profit colleges, to review their practices in extending private loans directly to students.

CFPB Forum On Access To Checking Accounts Raises Industry Trepidation

Partner William MacLeod, who was a member of the CFPB, is featured in the June edition of The Banking Law Journal.

The Consumer Financial Protection Bureau adopted an interim final rule creating a "new notice of rights" that may be required to be distributed to consumers.

Reed Smith has put together two reference documents to help you more easily search for a particular piece of guidance from the CFPB.

On June 20, 2018, U.S. President Donald Trump announced that he had nominated Kathleen Kraninger to serve as Director of the U.S. Bureau of Consumer Financial Protection.

The U.S. Senate confirmed Rohit Chopra as Director of the CFPB.

The CFPB finalized comprehensive consumer protections for prepaid account users that require, among other things, financial institutions to limit consumer losses when funds are stolen or cards are lost.

On September 12, 2018, the Bureau of Consumer Financial Protection issued new model forms for the Fair Credit Reporting Act (FCRA).

In a recent Bloomberg Law article, tax controversy associate Ellen Gilley comments on how foreign individuals stuck in the U.S. due to coronavirus-related travel restrictions are at risk of having their...

On March 27, 2020, President Trump enacted a historic stimulus package, the CARES Act, which contains a number of provisions of interest to the financial services industry.

Tax relief for debt workouts could play a critical role in facilitating our economic recovery. As companies feel the squeeze from coronavirus shutdowns, one natural option would be to turn back on Section 108(i)...

As consumers and business face ever-worsening financial conditions in the wake of the COVID-19 pandemic, federal agencies and some states and localities have stepped in to provide foreclosure

Philippe Weiss was interviewed June 10 on WGN radio, "Wintrust Business Lunch."

More and more the responsibilities of the CFO are expanding.

A former general securities representative ("GSR") settled FINRA charges for failing to notify his company that he created an external cryptocurrency-mining business.