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Your search for ‘Ballard Spahr LLP’ returned 1,639 results

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  • Article

    CFPB Deputy Director Mark Paoletta Delivers Sharp Rebuke Of Chopra-Era Approach To Financial Literacy

    The Consumer Financial Protection Bureau under Acting Director Russell Vought has signaled a dramatic philosophical shift in its approach to consumer protection, with Deputy Director Mark Paoletta sharply criticizing the enforcement-focused priorities of former Director Rohit Chopra. The Bureau now emphasizes financial education as a preventive measure, arguing that informed consumers are better equipped to make sound decisions and avoid fraud, while characterizing the previous administration's approach as
    United StatesGovernment, Public Sector
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    FinCEN Targets $17.5 Billion In Suspected Health Care Fraud

    The U.S. Treasury's Financial Crimes Enforcement Network has uncovered $17.5 billion in suspicious financial activity tied to health care fraud schemes, revealing how fraudulent providers exploit Medicare, Medicaid, and private insurance programs. Analysis of over 5,700 Bank Secrecy Act reports exposes sophisticated money laundering networks spanning all 50 states, with home health care businesses emerging as the most frequently identified perpetrators.
United StatesGovernment, Public Sector
Ballard Spahr LLP
Ballard Spahr LLP
  • Article

    GAO Issues Initial Report Addressing CFPB Reorganization And Downsizing Efforts

    The U.S. Government Accountability Office (GAO) recently released a report in response to a request by members of Congress that it assess the effect...
    United StatesGovernment, Public Sector
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Significant Changes To Heavy Equipment Rentals Tax Are Now Effective

    Effective January 1, 2022, Washington SSB 5638 (passed in the 2020 legislative session) creates significant changes to taxation not only to the equipment rental industry...
    United StatesTax
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Supreme Court Signals Support For ‘Meaningful Benchmark’ Requirement In ERISA Plan Underperformance Cases

    The U.S. Supreme Court heard oral arguments in Anderson v. Intel Corp. Investment Policy Committee, examining whether ERISA plaintiffs must plead a "meaningful benchmark" when alleging imprudent selection of underperforming retirement plan funds. The Justices' questions suggest they may endorse this requirement while providing guidance on what constitutes a meaningful comparator for evaluating fund performance.
    United StatesEmployment and HR
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    8th Circuit–Procedural Irregularities– Does "Decisional Delay" Automatically Trigger Application Of De Novo Review Instead Of Discretionary Review? Not So Fast

    You already know that denials of ERISA-governed disability benefits are reviewed under a de novo standard unless the benefit plan gives the administrator
    United StatesEmployment and HR
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Court Denies Early Termination Of Lakeland Bank Redlining Consent Order

    The Trump Administration's efforts to terminate redlining consent orders have met with mixed results in federal courts. A New Jersey district court recently denied the government's motion to terminate the Lakeland Bank consent order...
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    The CFPB's Final Collections Rule: Meaningful Attorney Involvement Safe Harbor Removed; Debt Sale Restrictions Modified

    Our blog post series has detailed a number of ways in which the CFPB's final debt collection rule departs from last year's NPRM.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Governor Sherrill Selects Christopher Peterson To Lead New Jersey Division Of Consumer Affairs

    Governor Mikie Sherrill has nominated Christopher L. Peterson, a nationally recognized consumer protection scholar and former CFPB senior official, to lead New Jersey's Division of Consumer Affairs. The appointment signals continued robust enforcement of consumer protection laws in one of the nation's most active state agencies. Peterson's extensive background in consumer financial services law and his role in shaping federal consumer protection policy position him as a significant figure in state-level enf
    United StatesConsumer Protection
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Connecticut Department Of Banking Issues Order Establishing Remote Office Locations On A Permanent Basis

    Connecticut's Banking Commissioner signed an order that permits individuals engaged in certain licensable activity on behalf of certain consumer credit licensees to work from remote office locations...
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    FTC and DOJ report on older-adult consumer fraud

    Consumer fraud targeting older adults reached an estimated $119.5 billion in 2025, with social media emerging as the primary contact method for scammers. Investment scams alone accounted for over $1 billion in losses, while older adults reported significantly higher median losses compared to younger victims, particularly those aged 80 and above.
    United StatesConsumer Protection
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    DOL Announces Spring 2025 Regulatory Agenda

    After briefly releasing — and then quickly withdrawing — its regulatory agenda last week, the Department of Labor (DOL) has republished its Spring 2025...
    United StatesEmployment and HR
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    ERISA: Discovery Of Claims Procedures To Assess Compliance With DOL Regulations? Not So Fast.

    You know that failing to follow Department of Labor (DOL) claims regulations can result in the court using the de novo review standard
    United StatesEmployment and HR
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    NCUA's Hauptman Vows To Prohibit Regulation Through Enforcement

    NCUA Chairman Kyle S. Hauptman said that through the issuance of a policy statement he is reenforcing an agency policy to prohibit officials from setting new policy through enforcement actions.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Republican Senators Ask Financial Regulators To Overhaul Matters Requiring Attention Process

    Republican senators on the Banking, Housing and Urban Affairs Committee are asking banking regulators to review their process of using Matters Requiring Attention (MRA) in the bank supervisory process.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    IRS Touches Up The One Big Beautiful Bill

    The Internal Revenue Service (IRS) has provided guidance on the changes made to the rules governing health savings accounts (HSAs) in the One Big Beautiful Bill, which was enacted this summer.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Inspector General Releases Report On Impact Of CFPB Cutbacks

    The Consumer Financial Protection Bureau's Office of Inspector General has released a report detailing significant operational disruptions stemming from workforce reductions and contract cancellations in early 2025. The findings reveal a substantial backlog of consumer complaints, paused enforcement activities, and service interruptions affecting the agency's core functions.
    United StatesGovernment, Public Sector
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Life Sciences Perspective On Emerging U.S. Patent Reform Efforts

    Though largely absent from mainstream news, proposed reforms to patent law are poised to affect everything from biotech startups to major pharmaceutical R&D programs.
    United StatesIntellectual Property
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Courts Split On Enforcement Of No Surprises Rules

    The Fifth Circuit and the Federal District Court of Connecticut have issued conflicting decisions on whether service providers may sue to enforce arbitration awards under the No Surprises Rules...
    United StatesLitigation, Mediation & Arbitration
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Supreme Court Poised To Decide FAA Post-Award Jurisdictional Issue

    In a 2022 decision, Badgerow v. Walters, the U.S. Supreme Court held that under Sections 9 and 10 of the Federal Arbitration Act (FAA)...
    United StatesLitigation, Mediation & Arbitration
    Ballard Spahr LLP
    Ballard Spahr LLP
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