Search for: "Rohit Chopra"
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28 Dec 2022, 9:05 pm
Reining in Repeat Offenders September 26, 2022 In this series of essays, Rohit Chopra, the Director of the Consumer Financial Protection Bureau, drew on his 2022 Distinguished Lecture on Regulation at the University of Pennsylvania to argue that large institutions have repeatedly violated the law and past orders, and federal regulators should seek structural remedies that change businesses structures or alter their incentives. [read post]
19 Apr 2024, 6:00 am
The U.S. agency, led by Director Rohit Chopra, and the EC, with direction from Commissioner Didier Reynders, have also zeroed in on studying big tech companies and their involvement in digital payments, with a particular interest in fraud. [read post]
9 Aug 2022, 11:21 am
They also signal that under its new director, former FTC Commissioner Rohit Chopra, the CFPB will continue to expand oversight of tech companies as they move into the traditional financial sector and intervene as needed to protect consumers and support its mandate. [read post]
25 Aug 2020, 5:30 am
Erie Meyer, technology advisor for Commissioner Rohit Chopra, Federal Trade Commission; co-founder, Tech Ladymafia. [read post]
1 Nov 2021, 10:48 am
The amendments were adopted along party lines, with the three Democratic Commissioners (who then included Rohit Chopra before his move to CFPB Director) voting in favor of the amendments and the two Republican Commissioners voting against the amendments (and issuing a joint dissent). [read post]
14 Jan 2021, 10:59 am
Two FTC commissioners, Rohit Chopra and Rebecca Kelly Slaughter, picked up on the FTC’s failure to enforce the Recovery Act and FTC breach notification rule. [read post]
31 May 2022, 1:33 pm
Using a chart, they cited to criticisms made by then-Commissioner Rohit Chopra, Commissioner Rebecca Slaughter, and Democratic Congressman David Cicilline. [read post]
24 Jan 2023, 9:05 pm
CFPB Director Rohit Chopra has indicated support for targeting the disclosure requirement at larger financial institutions, citing the need to keep community banks profitable and promote continued competition in the financial sector. [read post]
27 Apr 2023, 3:30 am
Department of Justice’s Civil Rights Division Assistant Attorney General Kristen Clarke, Consumer Financial Protection Bureau Director Rohit Chopra, and Federal Trade Commission Chair Lina Khan released their joint statement outlining a commitment to enforce their respective laws and regulations to promote responsible innovation in automated systems. [read post]
6 Oct 2022, 5:23 pm
In announcing the action against MoneyLion, CFPB Director Rohit Chopra said, “MoneyLion targeted military families by illegally extracting fees and making it difficult to cancel monthly subscriptions. [read post]
31 May 2024, 12:47 pm
Earlier this month, Rohit Chopra, head of the CFPB, signaled that the agency could issue several rewrites to rules implementing the 1970 Fair Credit Reporting Act. [read post]
10 Nov 2020, 3:37 pm
In his dissenting statement, Commissioner Rohit Chopra criticized the consent order for failing to provide any remediation for Zoom users or payment of any civil penalties by Zoom. [read post]
24 Sep 2021, 8:36 am
Departing Commissioner Rohit Chopra awaits Senate confirmation to become the director of the Consumer Financial Protection Bureau. [read post]
20 Jul 2012, 10:43 am
Finally, the Senate Banking Committee’s Subcommittee on Financial Institutions and Consumer Protection has scheduled a hearing on private student loans for July 24, and Rohit Chopra, the CFPB’s Student Loan Ombudsman, is scheduled to testify. [read post]
8 Sep 2024, 9:01 pm
Statements made by both Director of the Consumer Financial Protection Bureau Rohit Chopra and Mr. [read post]
1 Dec 2023, 6:00 am
CFPB’s Chopra Says AI Could Give ‘Enormous Control’ to FewLaw360 – November 28, 2023 (subscription required) Consumer Financial Protection Bureau Director Rohit Chopra said Tuesday that he is worried the rise of generative artificial intelligence technology could concentrate “enormous” power within the grasp of a few companies and their top executives. [read post]
27 Mar 2022, 9:05 pm
CFPB Director Rohit Chopra has made a name for himself as a strong consumer advocate who, throughout his career, has been unafraid to take on big corporate entities. [read post]
8 Dec 2021, 10:05 am
While the sentiment of equality was well received by the Attorneys General, in a later session Rohit Chopra, the new Director of the Consumer Financial Protection Bureau, acknowledged that historically, some federal agencies have seen things differently. [read post]
14 Jan 2020, 4:12 am
The Commission vote to publish the draft Vertical Merger Guidelines and solicit public comments was 3-0-2, with Commissioners Rebecca Kelly Slaughter and Rohit Chopra abstaining. [read post]
5 Apr 2024, 6:00 am
Rohit Chopra, director of the U.S. [read post]
