By C. Ryan Barber | April 18, 2017
Netspend and its parent company Total System Services have spent hundreds of thousands of dollars lobbying on prepaid card rules and other regulatory matters. The two companies are not backing down. Netspend is pushing the Consumer Financial Protection Bureau to delay its new rule, and on Capitol Hill, Total System Services is jumping into an effort, sponsored by Republican lawmakers, to tear up the new regulation.
1 minute read
By C. Ryan Barber | April 13, 2017
The question hanging over the CFPB's arbitration rule—a proposal that drew tens of thousands of comments from consumer and business advocates—is less now about the finer points of the final rule than about whether the regulations will ever see the light of day at all. For the agency, the threat of a congressional override is not abstract. Republican lawmakers in the House and Senate proposed bills to tear up the CFPB's prepaid card rule.
1 minute read
By Meredith Hobbs | April 10, 2017
Adams and Reese has landed a 10-lawyer financial services team from Baker, Donelson, Bearman, Caldwell & Berkowitz to open an Atlanta office and another in Fort Lauderdale.
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By Stephanie Forshee | April 6, 2017
“Not all lawyers were familiar with, or interested in, the intersection of technology and the rules and regulations that govern us as an investment adviser and broker-dealer,” says one GC.
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