ArticleCFPB Ombudsman's Office Issues Annual ReportThe CFPB Ombudsman's Office recently released its FY2020 annual report. United StatesFinance and BankingBallard Spahr LLP
ArticleRed Flags For Fraud: FinCEN Issues Advisory On Detecting Unlawful Employment PracticesThis 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 SectorBallard Spahr LLP
ArticleKey Trends Shaping Life Sciences IP LicensingThe life sciences industry continues to evolve rapidly, driven by technological advancements, shifting economic conditions, and global market dynamics. United StatesIntellectual PropertyBallard Spahr LLP
ArticleBallard Spahr Partner, Phil Yannella, Authors Book On Data Breach And Privacy LitigationPhil 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 StatesPrivacyBallard Spahr LLP
ArticleCFPB Issues Statement On Juneteenth Bill Truth In Lending Act IssueAs 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 ProtectionBallard Spahr LLP
ArticleOnline bill payment company Doxo settles FTC complaintOnline 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 ProtectionBallard Spahr LLP
ArticleOperator Of Student Loan Debt Forgiveness Service Would Be Barred From Debt Relief, Telemarketing Industries, Under Proposed FTC OrderThe 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 ProtectionBallard Spahr LLP
ArticleRisk-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 ProtectionBallard Spahr LLP
ArticleERISA: 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 HRBallard Spahr LLP
ArticleHurry Up And Bargain: Faster Labor Contracts Act Introduced In The House With Some Republican SupportOriginally introduced in the Senate in March 2025, Representative Donald Norcross (D-NJ) introduced the Faster Labor Contracts Act ("FLCA")...United StatesEmployment and HRBallard Spahr LLP
ArticleNew Philadelphia Ordinance Aims To EmPOWER EmployeesOn 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 HRBallard Spahr LLP
PodcastAI 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 BankingBallard Spahr LLP
ArticleBallard Spahr Launches National Tracking Services For Financial InstitutionsFor 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 BankingBallard Spahr LLP
ArticleColorado Files Opposition To Plaintiffs' Rehearing Petition In Opt-Out LitigationAs 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 BankingBallard Spahr LLP
ArticleFederal Banking Agencies Finalize And Clarify Appraisal Deferral RuleThe interim final rule provides that it does not apply to "transactions for acquisition, development, and construction of real estate."United StatesFinance and BankingBallard Spahr LLP
ArticleFinancial Institutions May Rely On Third Parties For Social Security, Taxpayer Identification NumbersBanks 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 BankingBallard Spahr LLP
ArticleIRS Releases Guidance On The Transition From LIBORThe 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 BankingBallard Spahr LLP
VideoNew 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 BankingBallard Spahr LLP
ArticleNew York Publishes Buy Now, Pay Later RulesThe 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 BankingBallard Spahr LLP
PodcastOpportunities 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 BankingBallard Spahr LLP