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  • Article

    U.S. House Of Representatives Passes SAFE Banking Act

    U.S. House lawmakers on Wednesday approved overwhelmingly by a 321-103 vote the SAFE Banking Act.
    United StatesCannabis & Hemp
    Sheppard
    Sheppard
  • Article

    CFPB Sues Payment Platform As The Crack Down On Dark Patterns Continues

    On October 18, 2022, the CFPB sued a software company that manages online payment platforms claiming that it utilized unlawful enrollment practices to cause unknowing consumers...
    United StatesCompliance
    Sheppard
    Sheppard
Article

Organizational Integrity Shorts (November, 2022)

This month, Sheppard Mullin's Organizational Integrity Group continued its exploration of a number of complex compliance matters ...
United StatesCompliance
Sheppard
Sheppard
  • Article

    CFPB Alleges That Service Provider Helped Credit-Repair Businesses Charge Illegal Fees

    On September 20, the CFPB filed a lawsuit in federal district court against a California-based software company and its owner for allegedly violating the Telemarketing Sales Rule (TSR) and the...
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    CFPB And NY AG Sue Remittance Provider, Citing "Repeat Offender"

    On April 21, the CFPB and New York Attorney General's Office filed a complaint against a remittance provider.
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    CFPB: Negative Option Marketing Practices May Violate CFPA

    On January 19, the CFPB issued Circular 2023-01 to affirm that companies offering "negative option" subscription services are required to comply with federal consumer financial protection laws.
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    CFPB Proposes To Eliminate Education Allocations From Civil Penalty Fund

    On June 18, the CFPB published a proposed rule that would rescind its authority to use money from the Civil Penalty Fund for consumer education and financial literacy initiatives.
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    CFPB Rescinds 2020 Special Purpose Credit Program Advisory Opinion

    The Consumer Financial Protection Bureau has rescinded its 2020 advisory opinion on Special Purpose Credit Programs under Regulation B, citing outdated interpretations and constitutional concerns. This action follows April 2026 amendments that fundamentally altered the regulatory framework governing how for-profit organizations can establish credit programs designed to meet special social needs.
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    CFPB Revised Fair Lending Enforcement Framework Under ECOA

    On April 22, the CFPB issued a final rule revising Regulation B under the Equal Credit Opportunity Act (ECOA). The rule eliminates disparate impact liability from the Bureau’s ECOA enforcement framework...
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    CFPB Sues Credit Reporting Agency And Former Senior Executive

    On April 12, the CFPB filed a complaint against a credit reporting agency (CRA), two of its subsidiaries, and a former senior executive for violating a 2017 consent order...
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    CFPB Sues Online Lender For Alleged Violations 2016 Consent Order

    The CFPB recently filed a complaint against an online installment and single-payment lender alleging that it violated the terms of a 2016 consent order that previously required the company to pay millions in consumer redress ...
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    CFPB Terminates 2023 Consent Order Against A National Consumer Reporting Agency For Alleged Security Freeze Violations

    On November 3, 2025, the Consumer Financial Protection Bureau terminated its 2023 consent order against a national consumer reporting agency.
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    CFPB To Tech Companies: Submit Payment System Information

    Last week, the CFPB issued a series of orders to collect information on the business practices of six large technology companies operating payments systems.
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    CFPB Withdraws Rule To Eliminate State Enforcement Notification Requirements

    On July 21, the CFPB withdrew its plan to repeal rules that provide procedures for state officials to notify the Bureau before initiating enforcement actions under the Consumer Financial Protection Act (CFPA).
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    Chopra’s Back: California Appoints Former CFPB Director To Lead New Business And Consumer Services Agency

    On May 12, California Governor Gavin Newsom announced the appointment of former CFPB Director Rohit Chopra as Secretary of California’s newly created Business and Consumer Services Agency (BCSA)...
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    Consumer Groups Sue CFPB Over Delay In Section 1071

    On July 23, a coalition of consumer advocacy organizations filed a lawsuit against the CFPB and Acting Director Russel Vought in the U.S. District Court for the District of Columbia...
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    Maryland Prohibits Tipping In Earned Wage Access Programs

    On April 28, Maryland enacted SB 94, which revises the state’s earned wage access (EWA) framework and amends tipping provisions under Maryland’s Consumer Loan Law...
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    Massachusetts Finalizes Amendments To Mortgage Licensing, Truth In Lending, And Small-Loan Regulations

    On September 23, the Massachusetts Division of Banks finalized amendments to the Small Loans Law, the Truth in Lending Act, and the Mortgage Lender and Broker Licensing Law.
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    New York Enacts FAIR Business Practices Act Expanding State Consumer Protection Law

    On December 19, New York Governor Kathy Hochul signed into law S8416, amending New York's General Business Law to enact the Fostering Affordability and Integrity Through Reasonable Business Practices Act.
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Article

    NYDFS Reaffirms State Fair Lending Obligations

    On April 22, the NYDFS issued an industry letter reminding entities regulated under the New York Banking Law of their obligations under Section 296-a of the New York Executive Law...
    United StatesConsumer Protection
    Sheppard
    Sheppard
  • Showing 541–560 of 8608 results

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