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25 Mar 2024, 1:15 pm
Corner Post and the Earlier Challenge to the Interchange Fee Rule Corner Post concerns a Federal Reserve rule adopted pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. [read post]
24 Mar 2024, 9:01 pm
I was working on Wall Street at the time. [read post]
18 Mar 2024, 5:23 pm
Navigating the complexities of bankruptcy law reveals a multifaceted system carefully crafted to address the financial troubles of individuals, businesses, cities, and non-profits alike. [read post]
13 Mar 2024, 12:31 pm
One gets a sense of this from a news story fairly well buried within the reporting of the Wall Street Journal--Chun Han Wong, 'China Raises Fines on Due Diligence Firm Mintz,' Wall Street Journal 13 March 2024, at B6). [read post]
12 Feb 2024, 6:07 am
Dan AronowitzMany of you may have seen the February 5, 2024 Wall Street Journal article (here) describing the new lawsuit filed against Johnson & Johnson accusing the company of mismanaging its workers’ prescription-drug benefits. [read post]
31 Jan 2024, 9:01 pm
In 2023, the Second Circuit was called upon — yet again — to adjudicate the plaintiffs’ multiyear quest for class certification in Arkansas Teacher Retirement System v. [read post]
16 Jan 2024, 1:19 pm
Engelmayer in In re: Draftkings Inc. [read post]
16 Jan 2024, 8:05 am
” In 2018, the Supreme Court ruled in Digital Realty Trust, Inc. v. [read post]
10 Jan 2024, 8:03 am
It was a tirade against property rights from the Wall Street Journal! [read post]
4 Jan 2024, 2:00 am
To read a comprehensive review of the crash, visit The Wall Street Journal. [read post]
2 Jan 2024, 12:56 pm
The net result is what the Wall Street Journal has called a “doom loop” that, according to the Journal, “threatens America’s banks. [read post]
22 Dec 2023, 6:00 am
Buy Now, Pay Later Keeps People Spending—Without Credit Agencies KnowingThe Wall Street Journal – December 17, 2023 (subscription required) Priscilla Rodriguez, an overnight stocker at a Walmart, has a strategy to protect her credit score as she and her husband look to buy a house. [read post]
9 Nov 2023, 9:01 pm
The legal system of the United States has its roots in the laws of England. [read post]
27 Oct 2023, 6:00 am
The proposed changes to Regulation II under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act would also change the amounts that bank card issuers subject to the rule can charge to cover fraud costs and to counter fraud losses. [read post]
24 Oct 2023, 9:01 pm
If the public doesn’t think the system is fair, at a minimum, they are not going to invest their hard-earned money. [read post]
11 Oct 2023, 11:17 am
Preemption of consumer protection laws The National Bank Act – as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 – provides that “State consumer financial laws are preempted” as applied to national banks “only if” the law, among other things, “prevents or significantly interferes with the exercise by the national bank of its powers,” “in accordance with the legal standard for preemption in… [read post]
24 Sep 2023, 10:18 pm
Will Feuer of the The Wall Street Journal reports, The Copilot software is designed to help employees with building PowerPoint presentations, managing their Outlook inbox and creating Word documents, among other uses. [read post]
15 Sep 2023, 6:38 am
Industry Developments SPOTLIGHT: Mastercard CEO Counters WSJ Fee Increase StoryPayments Dive – September 6, 2023 Mastercard Chief Executive Michael Miebach on Tuesday rebutted a Wall Street Journal story last week that reported the card company and its larger rival Visa would increase credit card interchange and network fees for merchants starting later this year. [read post]
16 Aug 2023, 10:52 am
Greg Markel Gershon AkermanAs I noted in a prior post (here), in June, the U.S. [read post]
9 Aug 2023, 11:25 am
This violation is a common occurrence in the securities industry, for example in September 2022, the SEC charged 16 Wall Street firms with recordkeeping failures that ran each organization from $50-125 million each, totaling fines of $1.1 billion. [read post]
