ArticleU.S. House Of Representatives Passes SAFE Banking ActU.S. House lawmakers on Wednesday approved overwhelmingly by a 321-103 vote the SAFE Banking Act.United StatesCannabis & HempSheppard
ArticleCFPB Sues Payment Platform As The Crack Down On Dark Patterns ContinuesOn 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 StatesComplianceSheppard
ArticleCFPB Alleges That Service Provider Helped Credit-Repair Businesses Charge Illegal FeesOn 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 ProtectionSheppard
ArticleCFPB 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 ProtectionSheppard
ArticleCFPB: Negative Option Marketing Practices May Violate CFPAOn 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 ProtectionSheppard
ArticleCFPB Proposes To Eliminate Education Allocations From Civil Penalty FundOn 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 ProtectionSheppard
ArticleCFPB Rescinds 2020 Special Purpose Credit Program Advisory OpinionThe Consumer Financial Protection Bureau has rescinded its 2020 advisory opinion on Special Purpose Credit Programs under Regulation B, citing outdated interpretations and constitutional concerns.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 ProtectionSheppard
ArticleCFPB Revised Fair Lending Enforcement Framework Under ECOAOn 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 ProtectionSheppard
ArticleCFPB Sues Credit Reporting Agency And Former Senior ExecutiveOn 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 ProtectionSheppard
ArticleCFPB Sues Online Lender For Alleged Violations 2016 Consent OrderThe 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 ProtectionSheppard
ArticleCFPB Terminates 2023 Consent Order Against A National Consumer Reporting Agency For Alleged Security Freeze ViolationsOn November 3, 2025, the Consumer Financial Protection Bureau terminated its 2023 consent order against a national consumer reporting agency.United StatesConsumer ProtectionSheppard
ArticleCFPB To Tech Companies: Submit Payment System InformationLast 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 ProtectionSheppard
ArticleCFPB Withdraws Rule To Eliminate State Enforcement Notification RequirementsOn 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 ProtectionSheppard
ArticleChopra’s Back: California Appoints Former CFPB Director To Lead New Business And Consumer Services AgencyOn 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 ProtectionSheppard
ArticleConsumer Groups Sue CFPB Over Delay In Section 1071On 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 ProtectionSheppard
ArticleMaryland Prohibits Tipping In Earned Wage Access ProgramsOn 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 ProtectionSheppard
ArticleMassachusetts Finalizes Amendments To Mortgage Licensing, Truth In Lending, And Small-Loan RegulationsOn 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 ProtectionSheppard
ArticleNew York Enacts FAIR Business Practices Act Expanding State Consumer Protection LawOn 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 ProtectionSheppard
ArticleNYDFS Reaffirms State Fair Lending ObligationsOn 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 ProtectionSheppard