0 results for 'Bureau of Consumer Financial Protection'
Lewis Brisbois Litigator Joins Tesla's Crew of 'Hardcore Streetfighters'
Frank Brannen is going in-house for the first time, joining a litigation department that Elon Musk wants to be hyper-aggressive. "There will be blood," Musk said in a tweet last year.Lewis Brisbois Litigator Joins Tesla's Crew of 'Hardcore Streetfighters'
Frank Brannen is moving in-house for the first time from Los Angeles-based Lewis Brisbois Bisgaard & Smith, joining a litigation department that Elon Musk wants to be hyper-aggressive. "There will be blood," Musk said in a tweet last year.Regulator's Proposed $8 Cap on Credit Card Late Fees Ignites Howls of Overreach
President Biden for months has been blasting "junk fees." So the industry expected a proposal. But what came is "far more radical than anyone anticipated," Ballard Spahr wrote in a client advisory.Regulators Swarm Around Payment Apps, Raising Fears of Enforcement Spree
Among the concerns highlighted by the Consumer Financial Protection Bureau is that consumers may not understand that most accounts are not covered by deposit insurance.View more book results for the query "Bureau of Consumer Financial Protection"
A Circuit Split on the Consumer Financial Protection Bureau's Funding Structure
In an unanimous opinion authored by Circuit Judge Richard Sullivan and joined by Circuit Judges Amalya Kearse and John Walker, the court determined the CFPB's funding structure was not constitutionally deficient under either doctrine.Upholding Sanctions, 11th Circuit Says CFPB Engaged in 'Dramatic Abuse of Discovery'
"The CFPB does not have the power to decide which discovery rules it will abide by and which it will ignore," the appeals court said.NY State Legislature to Dramatically Expand Power of Plaintiffs' Bar
The New York State Legislature is fast tracking A.7138 and S.795, a pair of bills expected to radically expand the power of the plaintiffs' bar and the New York Attorney General to punish unfair, deceptive, or abusive acts or practices. The authors write "perhaps the most poignant criticism is that the bills set out to fix a problem that does not exist."State Attorneys General Flexing Muscles, Posing Growing Risk to Legal Departments
"When acting together, they're another FTC but maybe even worse," said Lori Kalani, co-chair of the state attorneys general practice at Cozen O'Connor.With AI in Regulators' Crosshairs, What's Next for Fintech?
AI is poised to change the face of fintech, promising groundbreaking enhancements to marketing and decisioning models and unmatched efficiency in content generation. But regulators are concerned that the adoption of AI tools may "perpetuate unlawful bias, automate unlawful discrimination, and produce other harmful outcomes."Corporate Transparency Act Resource Kit
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