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On October 28, the CFPB issued an interpretive rule under the Fair Credit Reporting Act (FCRA) declaring that federal law generally preempts state laws governing the content of consumer credit reports.

On June 28, the CFPB issued an interpretive rule affirming states' abilities to police credit reporting markets through the issuance of their own fair credit report laws.

The United States District Court in Los Angeles ruled that CashCall, Inc. violated the Consumer Financial Protection Act in connection with efforts to collect on certain loans that would have been held void under state law...

On November 7, the FTC and the State of Florida settled with a chargeback mitigation company and its owners for $150,000. The chargeback company was allegedly using deceptive practices, including...

Wyoming and Maine recently amended their laws related to licensure requirements for consumer lending.

Last week, we (Ryan and Jonathan) published the COVID-19 Federal Contractor's Survival Guide in the Coalition For Government Procurement's Friday Flash.

On March 25, 2020 the Senate passed a $2 trillion stimulus bill "[p]roviding emergency assistance and healthcare response for individuals, families and businesses affected by the 2020 coronavirus...

The use of artificial intelligence (AI) is booming. Investors and companies are pouring cash into the space, and particularly into generative AI (GAI), to seize their share of the market which McKinsey reports...

In our February 2009 posting, we commented on the final rule implementing, via FAR 52.222-50 ("Combating Trafficking in Persons"), the Trafficking Victims Protection Reauthorization Act of 2005.

The SEC recently issued a risk alert warning about using vendors and cloud-based platforms. Many broker dealers and investment advisors are turning to these third parties to store customer data.

On Thursday April 16, Sheppard Mullin submitted comments to the Federal Reserve about its terms sheets for the $600 Billion Main Street Loan Program.

Most public companies use Broadridge for shareholder voting tasks related to their annual meetings.

The U.S. Citizenship and Immigration Services have recently rolled out a brand new version of the Form I-9, Employment Eligibility Verification Form, revamping America’s most complicated one page form into a two-page form.

On Friday, January 21, 2022, Judge Jeffrey V. Brown of the Southern District of Texas issued a nation-wide injunction, blocking enforcement of President Biden's Executive Order 14043.

Yesterday evening, the U.S. House of Representatives passed the "Save Local Business Act" (H.R. 3441 – Bryne), legislation that would amend the National Labor Relations Act ...

On April 20, 2011, the National Labor Relations Board, in what many are calling the strongest signal yet of the pro-labor bent of the President Obama era Board, issued a complaint seeking to reverse the decision by Boeing Co. to build a second production line for its new 787 Dreamliner at a non-union plant in South Carolina. Boeing, who has a long-standing bargaining relationship with the International Association of Machinists and Aerospace Workers ("IAM"), announced in 2007 its plan to assembl

Justice Marcy Friedman of the Commercial Division in Manhattan will now be assigned any new case filed in New York Supreme Court that alleges fraud or misrepresentation arising out of the creation or sale of residential mortgage backed securities.