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  • Article

    CFPB Ombudsman's Office Issues Annual Report

    The CFPB Ombudsman's Office recently released its FY2020 annual report.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Red Flags For Fraud: FinCEN Issues Advisory On Detecting Unlawful Employment Practices

    This Summer, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an advisory urging financial institutions to heighten their vigilance for risks tied to the unlawful employment of non-work-authorized individuals.
    United StatesGovernment, Public Sector
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Key Trends Shaping Life Sciences IP Licensing

    The life sciences industry continues to evolve rapidly, driven by technological advancements, shifting economic conditions, and global market dynamics.
    United StatesIntellectual Property
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Ballard Spahr Partner, Phil Yannella, Authors Book On Data Breach And Privacy Litigation

    Phil Yannella, Ballard Spahr litigation partner and Practice Leader of Ballard's Privacy & Data Security Group, recently authored a treatise on data breach and privacy litigation.
    United StatesPrivacy
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    CFPB Issues Statement On Juneteenth Bill Truth In Lending Act Issue

    As previously reported, the bill signed into law by President Biden on June 17, 2021 to create the Juneteenth National Independence Day actually results in an important change under the Truth in Lending Act (TILA) and Regulation Z.
    United StatesConsumer Protection
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Online bill payment company Doxo settles FTC complaint

    Online bill payment company Doxo faces a $2.1 million settlement with the FTC over allegations that it used deceptive search advertising to impersonate billers and misled consumers about hidden fees. The complaint details how Doxo disguised itself as the official payment platform for various companies while adding undisclosed junk fees and enrolling consumers in subscription programs without proper consent.
    United StatesConsumer Protection
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Operator Of Student Loan Debt Forgiveness Service Would Be Barred From Debt Relief, Telemarketing Industries, Under Proposed FTC Order

    The Federal Trade Commission has filed a proposed order in Nevada federal court that would permanently ban Dennise Merdjanian from the debt relief and telemarketing industries following allegations of operating an illegal student loan debt forgiveness scheme. The order seeks to resolve charges that Merdjanian and co-operators allegedly defrauded consumers of more than $45.9 million by falsely claiming affiliation with the U.S. Department of Education and promising loan forgiveness that never materialized.
    United StatesConsumer Protection
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Risk-Based AML/CFT Reform: What Financial Institutions Need To Know About The Joint Banking Agency And FinCEN Proposals (Podcast)

    Explore the latest developments in consumer finance law through expert analysis and discussion. This podcast episode examines regulatory changes, compliance challenges, and emerging trends affecting financial institutions and consumers alike. Stay informed about the legal landscape shaping consumer financial services.
    United StatesConsumer Protection
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    ERISA: Is Discovery Allowed When A Breach Of Fiduciary Duty Claim Is Asserted?

    You already know that discovery is usually limited in appeals of the denial of ERISA-governed benefits. This is especially true when there is de novo review.
    United StatesEmployment and HR
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Hurry Up And Bargain: Faster Labor Contracts Act Introduced In The House With Some Republican Support

    Originally introduced in the Senate in March 2025, Representative Donald Norcross (D-NJ) introduced the Faster Labor Contracts Act ("FLCA")...
    United StatesEmployment and HR
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    New Philadelphia Ordinance Aims To EmPOWER Employees

    On May 27, 2025, Philadelphia Mayor Cherelle Parker signed the Protect Our Workers, Enforce Rights Act (POWER Act). The ordinance, found here, aims to enhance protections...
    United StatesEmployment and HR
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Podcast

    AI In Financial Services: Understanding The White House Action Plan – And What It Leaves Out – Part 2 (Podcast)

    Today's episode features Part 2 of our October 30, 2025 webinar, "AI in Financial Services: Understanding the White House Action Plan – and What It Leaves Out."
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Ballard Spahr Launches National Tracking Services For Financial Institutions

    For our financial services clients interested in monitoring important federal and state legal developments, Ballard Spahr has launched a comprehensive, national tracking service designed to serve...
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Colorado Files Opposition To Plaintiffs' Rehearing Petition In Opt-Out Litigation

    As we reported previously, a petition for rehearing en banc was filed by the plaintiff bank trade associations in National Association of Industrial Bankers v. Weiser.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Federal Banking Agencies Finalize And Clarify Appraisal Deferral Rule

    The interim final rule provides that it does not apply to "transactions for acquisition, development, and construction of real estate."
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Financial Institutions May Rely On Third Parties For Social Security, Taxpayer Identification Numbers

    Banks and credit unions may now rely on third parties to provide a consumer's Social Security or Taxpayer Identification Number, according to an order issued by the FDIC, OCC and the NCUA...
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    IRS Releases Guidance On The Transition From LIBOR

    The IRS recently released helpful guidance in Revenue Procedure 2020-44 to assist the market's transition from the London Interbank Offered Rate and other interbank offered rates to alternative reference rates.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Video

    New Consumer Financial Services Fintech Business Opportunities Arising From Deregulation At The CFPB During Trump 2.0 – Part 1 (Podcast)

    In the latest episode of our podcast, we explore the significant shifts in the regulatory landscape under the second Trump administration and how these recent deregulatory actions have opened new pathways...
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    New York Publishes Buy Now, Pay Later Rules

    The New York Department of Financial Services has published proposed rules governing Buy Now, Pay Later (BNPL) financing plans operating in the state.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Podcast

    Opportunities In The Solar Finance Industries Despite Trump 2.0 (Podcast)

    Step into the intersection of consumer finance law and the solar energy industry with host Alan Kaplinsky, senior counsel at Ballard Spahr, and special guest Steven Burt...
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
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