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  • Article

    Congress Urges CFPB To Structure Qualified Mortgage Rule As Legal Safe Harbor (Consumer Financial Services Alert - July 24, 2012)

    In a letter to the CFPB, several members of the House Financial Services Subcommittee on Financial Institutions and Consumer Credit urged the CFPB to structure the qualified mortgage rule as a "strong legal safe harbor" as opposed to a rebuttable presumption.
    United StatesConsumer Protection
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    FFIEC Releases 2011 HMDA Data

    The Federal Financial Institutions Examination Council announced the availability of 2011 data on mortgage lending transactions as required under the Home Mortgage Disclosure Act.
    United StatesConsumer Protection
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    FTC Finalizes Changes To Agency Procedure To Streamline Its Investigative Process (Consumer Financial Services Alert)

    The FTC announced the release of final changes to Part 2 (Investigations) and Part 4 (Attorney Discipline) of its Rules of Practice.
    United StatesConsumer Protection
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    GAO Releases Report On Independent Foreclosure Review

    The GAO released a report on Independent Foreclosure Review, an evaluation of the foreclosure practice of several mortgage servicers required by the consent orders entered into with the OCC and FRB in 2011.
    United StatesConsumer Protection
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    Massachusetts Division Of Banks Issues Warning Letter To Debt Collectors

    The Massachusetts Division of Banks issued a warning letter to remind licensed debt collectors that it is illegal to collect on small loans made in violation of Massachusetts’ small loan law.
    United StatesConsumer Protection
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    Hedge Fund Adviser Registration Rule Remains in Effect … For Now

    The U.S. Court of Appeals for the District of Columbia Circuit has withheld issuance of the mandate vacating the Hedge Fund Adviser Registration Rule, meaning advisers will continue to be subject to the Rule until at least August 7, 2006, unless the SEC determines it will not seek a rehearing of the court’s decision.
    United StatesCorporate/Commercial Law
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    CFPB Focusing On Prepaid Products

    In advance of its Prepaid Card Field Hearing, held on May 23, 2012, in Durham, N.C., the CFPB published an advanced notice of proposed rulemaking for prepaid products.
    United StatesFinance and Banking
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    CFPB Issues Notice Of Intent To Make Preemption Determination On State Gift Card Laws

    The CFPB issued a notice that it will consider whether the unclaimed property laws applicable to gift cards in Maine and Tennessee are preempted by the Electronic Funds Transfer Act.
    United StatesFinance and Banking
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    L.A.’s Credit Ratings Slide

    Moody’s Investors Service and Fitch Ratings recently downgraded the City of Los Angeles’s general obligation debt to Aa3 and A+, respectively.
    United StatesFinance and Banking
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    SEC Approves FINRA Proposal To Amend New Rule 5131 To Simplify The Spinning Prohibition And Delay Implementation Of Two Provisions

    The SEC approved a FINRA proposal to amend new FINRA Rule 5131 (New Issue Allocations and Distributions) that simplifies, and delays implementation of, the Rule’s so‑called spinning prohibition, and also delays implementation of the rule’s provision prohibiting members from accepting market orders for the purchase of IPO shares in the secondary market prior to the commencement of trading for the IPO shares.
    United StatesFinance and Banking
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    IRS Okays California BABs Remarketing

    The Internal Revenue Service recently issued a private letter ruling to the State of California that permits the State to remarket $132 million of taxable Build America Bonds ("BABs") issued in 2009 and 2010.
    United StatesStrategy
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Video

    Alternative Financing Strategies For Growth Stage Healthcare Companies (Video Content)

    Moderating the Alternative Financing Strategies for Growth Stage Healthcare Companies panel discussion at the Healthcare Growth Cap Conference on April 11, 2013.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    Class Certification Challenging Validity Of Assignments In Foreclosure Actions Denied

    The United States District Court for the District of Massachusetts recently denied a motion for class certification in a case asserting that defendants failed to obtain valid assignments prior to foreclosing.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    Congress Appears Likely to Pass "Carried Interest" Legislation

    It appears increasingly likely that Congress will pass "carried interest" legislation as a revenue raiser to pay for the extension of certain other tax breaks.
    United StatesTax
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    Temporary Exclusion For 100% Of Gain From Qualified Small Business Stock Extended Through 2013

    On January 2, 2013, President Obama signed into law the American Taxpayer Relief Act of 2013 (the "Act").
    United StatesTax
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    FINRA Proposes Adoption Of Supervision Rules Consolidating Rules From NASD And NYSE Rulebooks And Other Guidance

    On June 23, 2011, the SEC issued Release No. 34-64736 concerning FINRA’s rule filing to adopt FINRA Rule 3110 (Supervision) and FINRA Rule 3120 (Supervisory Controls) and certain related rules.
    United StatesFinance and Banking
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    Interchangeable Biosimilars – Emerging Legal Issues And Trends

    Goodwin is a proud sponsor of the conference and partner Brian Burgess is a featured speaker on the panel, Interchangeable Biosimilars – Emerging Legal Issues and Trends.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    New Directions Audio Series

    As the Trump Administration approaches 100 days in office, we explore the key policy shifts and regulatory changes affecting business and markets across industries in our New Directions Audio Series.
    United StatesCorporate/Commercial Law
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    For Clinical Trial Recruiting, Words Matter

    In a recent publication we helped co-author, we examined ClinicalTrials.gov entries and their possible impact on informing potential subjects of their eligibility to participate in clinical trials.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Goodwin Procter LLP
    Goodwin Procter LLP
  • Article

    California Attorney General Announces Focus On Mobile Apps

    On January 27, 2023, California Attorney General Rob Bonta announced an investigative sweep focused on mobile apps' compliance with the California Consumer Privacy Act.
    United StatesPrivacy
    Goodwin Procter LLP
    Goodwin Procter LLP

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