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On May 15, the Pennsylvania Attorney General Attorney General Michelle Henry announced a $11 million settlement with a rent-to-own lender and its subsidiaries...

The Progressive State Leaders Committee has tapped former CFPB Director Rohit Chopra to head a new Consumer Protection and Affordability Working Group.

On September 21, the United States District Court for the District of Rhode Island held that an out-of-state debt collector did not violate the Fair Debt Collection Practices Act...

The SEC and CFTC (the "Commissions") jointly issued proposed rules that would (a) require financial institutions and creditors subject to a Commission’s jurisdiction to develop and implement a written identity theft prevention program addressing identity theft in connection with certain existing accounts or the opening of new accounts and (b) establish special requirements under which a credit or debit card issuer subject to a Commission’s jurisdiction would have to assess the validity of change

In a letter dated April 8, 2011 to the President of the North American Securities Administrators Association, Inc., Robert E. Plaze, Associate Director of the Securities and Exchange Commission ("SEC"), indicated that the SEC will consider extending the deadlines by which certain advisers must register with the SEC, or switch from SEC to state registration, under the new provisions of the Dodd-Frank Wall Street Reform and Consumer Protect Act (the "Dodd-Frank Act").

On May 16, 2024, the Supreme Court reversed a Fifth Circuit decision which held that the funding for the Consumer Financial Protection Bureau (CFPB) violated the Appropriations Clause.

In a long-awaited decision with profound implications for the future of the agency, the Supreme Court held 7-2 today that the Consumer Financial Protection Bureau...

On April 22, the Governor of Tennessee signed HB 2100 into law. This new law, an amendment to the state's consumer protection codes, introduces protections...

In the latest development to challenges to the CFPB's 1071 rulemaking, plaintiff trade associations, including the American Bankers Association and the Texas Bankers Association...

Looking to avoid being caught in the crosshairs of increased scrutiny by the U.S. Department of Justice (DOJ), Consumer Financial Protection Bureau (CFPB), Federal Trade Commission (FTC), federal banking regulators, and state Attorneys General?

In connection with the impending Dodd-Frank trading requirement that will compel market participants to trade on a swap execution facility, many futures commission merchants are now taking a close look at the way in which clients execute trades in cleared swaps such as interest rates and credit default swap indices.

On November 16, 2016, Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee, gave a speech to the Exchequer Club laying out a potential financial regulatory agenda...

The Small Business Capital Access and Job Preservation Act, is one of several controversial bills seeking to amend the Dodd-Frank Act.

On April 11, 2019, the Massachusetts House Committee on Ways and Means released its FY 2020 budget (H.3800).

In the wake of the Supreme Court's ruling in Dobbs v. Jackson Women's Health Organization, state attorneys general are, not surprisingly, joining the frontlines...

Raising the stakes even higher, the appeal will also determine whether the proper remedy for an unconstitutional restriction on speech that contains content-specific exemptions is to strike down the

In Gretzky v. AmGuard Insurance Co., the United States District Court for the District of Massachusetts evaluated how insurers facing a 176D demand letter post-judgment may limit exposure under the safe-harbor provisions of Chapter 93A, § 9(3).

A judge in the United States District Court for the Northern District of Illinois recently issued a Telephone Consumer Protection Act ("TCPA") ruling that will make it harder for fax TCPA class...