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23 Oct 2023, 6:16 pm
They commence representative proceedings alleging breaches of consumer law, and negligence in the Federal Court of Australia. [read post]
20 Oct 2023, 6:16 am
As background, Dodd-Frank requires the CFPB to maintain and work with a Consumer Advisory Board, comprised of industry leaders who are recommended by the presidents of each Federal Reserve Bank across the country.... [read post]
20 Oct 2023, 6:00 am
Board of Governors of the Federal Reserve System, a case that will decide whether a right of action challenging a federal agency rulemaking accrues when the rule is promulgated or when it injures the plaintiff. [read post]
19 Oct 2023, 9:05 pm
Even though the Board of Governors of the Federal Reserve System has yet to account for climate risk in its regulatory activity, several other central banks have begun to consider climate risk in their forecasting. [read post]
19 Oct 2023, 7:36 am
The Board of Governors of the Federal Reserve (FRB) is holding an open meeting on October 25, 2023 to discuss proposed revisions to the Board’s debit interchange fee cap contained in Regulation II, which implemented the Durbin Amendment. [read post]
18 Oct 2023, 12:52 pm
At its open Board meeting scheduled for October 24, 2023, the Federal Reserve Board is expected to approve its final rule amending its current regulation implementing the Community Reinvestment Act. [read post]
17 Oct 2023, 12:03 pm
Senior officials from the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Federal Reserve Board, and Bank of England convened a hybrid meeting today to discuss certain issues relating to…Read the Full Press Release Have a securities law question? [read post]
17 Oct 2023, 9:23 am
., a publisher challenged a federal statute restricting the use of photographs of currency. [read post]
16 Oct 2023, 9:01 pm
The proposal was issued over two dissents.1 Among the issues the dissents highlighted is that the proposal would seek to impose an enforceable federal overlay on state fiduciary duty standards, which would extend beyond the scope of the Office of the Comptroller of the Currency’s (OCC) governance guidelines2 and of the Federal Reserve Board’s (FRB) governance guidance.3 The proposal also would muddy the waters between… [read post]
6 Oct 2023, 9:00 am
Legal and Regulatory Developments SPOTLIGHT: Supreme Court to Consider Debit Fee CasePayments Dive – September 29, 2023 The Supreme Court on Friday granted a petition from a group of North Dakota merchants who brought a case against the Federal Reserve Board in 2021 over the central bank’s setting of a debit card fee cap. [read post]
5 Oct 2023, 2:06 am
Per the Board of Governors of the Federal Reserve System, credit card debt has been on the rise for two years, especially for the most financially distressed workers. [read post]
4 Oct 2023, 3:02 pm
A genocide the world has ignored: Holding governments and the Catholic Church accountable for residential and boarding schools through the ICC. [read post]
4 Oct 2023, 7:54 am
Accounting Oversight Board, 561 U.S. 477, 496–97 (2010) (quoting Clinton v. [read post]
4 Oct 2023, 6:08 am
According to the respondents, the CFPB's funding mechnism violates the Appropriations Clause because the CFPB is funded through the Federal Reserve Board, in amounts requested by the CFPB, rather than through the usual annual appropriations process through Congress. [read post]
3 Oct 2023, 2:58 pm
And with the Federal Reserve continually raising interest rates, consumers are cutting back on spending, causing stock prices and earnings to drop. [read post]
2 Oct 2023, 9:05 am
Board of Governors of the Federal Reserve System; Sheetz v. [read post]
29 Sep 2023, 3:15 pm
Pine Ridge Indian Reservation, SD. [read post]
29 Sep 2023, 8:59 am
Board of Governors of the Federal Reserve System, the justices agreed to decide when the six-year statute of limitations to challenge an action by a federal agency begins to run: Is it when the agency issues the rule, even if the plaintiff has not yet suffered any injury from the action; or is it instead when the plaintiff is actually injured? [read post]
28 Sep 2023, 7:44 pm
Leafly operates in a manner similar to third-party restaurant reservation aggregator OpenTable, but for legal marijuana dispensaries. [read post]
28 Sep 2023, 7:21 pm
In a letter responding to the OIG’s report, the Federal Reserve Board’s Director of the Division of Supervision and Regulation says that the OIG’s findings “reinforce the results of” the April 2023 review conducted by Federal Reserve Board Vice Chair for Supervision Barr. [read post]
