Search for: "Consumer Financial Protection Bureau "
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18 Aug 2022, 8:24 am
Insufficient data protection or information security can violate the prohibition against unfair acts or practices according to a circular released last week by the federal Consumer Financial Protection Bureau. [read post]
17 Aug 2022, 9:05 pm
Supreme Court has held that Presidents can remove without cause the heads of federal agencies like the Consumer Financial Protection Bureau and the Federal Housing Finance Agency. [read post]
17 Aug 2022, 9:01 pm
Last week, the CFPB took three actions demonstrating the agency’s continued focus on technology companies and personal financial data protection. [read post]
17 Aug 2022, 8:19 am
The recent 2022 National Association of Attorneys General Presidential Summit marked a clear partnership between state AGs, the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) to accomplish Iowa AG Tom Miller’s “fight back” presidential initiative: Consumer Protection 2.0: Tech Threats and Tools. [read post]
15 Aug 2022, 2:35 pm
Applicable financial statement income is generally the net income reported on a corporation’s “applicable financial statement,” subject to various adjustments, such as to account for differences in tax and financial statement consolidation, to adjust for differences between tax and financial statement depreciation, and to allow for financial statement loss carryovers incurred for taxable years ending after December 31, 2019 up to 80… [read post]
12 Aug 2022, 11:23 am
Through a new interpretive rule announced this week, the Consumer Financial Protection Bureau (CFPB) has declared that digital marketing providers can be held liable under the Consumer Financial Protection Act (CFPA) if they engage in or substantially assist unfair, deceptive or abusive practices in advertising financial products on behalf of banks and nonbanks covered by the CFPA. [read post]
12 Aug 2022, 5:01 am
Experimentation is routinely used to develop vaccines that save lives, improve professional sports, and develop new consumer products. [read post]
11 Aug 2022, 9:12 pm
” In a working paper issued by the National Bureau of Economic Research, D. [read post]
11 Aug 2022, 9:58 am
Digital marketing firms that help financial companies design and place online ad campaigns are service providers for the purpose of the Consumer Financial Protection Act of 2010, the Consumer Financial Protection Bureau said in a new interpretive ruling. [read post]
11 Aug 2022, 9:18 am
The FTC’s proposal would impose a number of new substantive and disclosure requirements on motor vehicle dealers in connection with the car buying or leasing process. [read post]
11 Aug 2022, 7:14 am
Moving forward, new provisions should address the concerns of workers and consumers, incl [read post]
9 Aug 2022, 11:21 am
On August 4, 2022, the Consumer Financial Protection Bureau (“CFPB”) issued a report entitled, “The Convergence of Payments and Commerce: Implications for Consumers,” in which it examines the challenges and risks to consumers inherent in the rapidly evolving payment ecosystem and emergence of product offerings that blur the traditional lines of banking and commerce. [read post]
4 Aug 2022, 7:19 am
For example, the Consumer Protection Division of the Massachusetts Attorney General’s Office has a close relationship with the Harvard Legal Aid Bureau. [read post]
3 Aug 2022, 10:10 am
On July 29, 2022, the Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) issued a notification letter (the “joint letter”) to “remind” auto lenders and leasing companies of the protections provided to servicemembers and their dependents under the Servicemembers Civil Relief Act (SCRA). [read post]
2 Aug 2022, 9:09 am
” Consumer Financial Protection Bureau Finally, the Consumer Financial Protection Bureau (CFPB) recognized National Whistleblower Day in a blog post. [read post]
1 Aug 2022, 9:38 am
Similar financial technology offices have been established by other financial regulators, including the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Consumer Financial Protection Bureau. [read post]
29 Jul 2022, 5:34 am
Milani Mithal, the head of the FTC’s Bureau of Consumer Practices Division of Financial Practices recently testified as to the FTC’s enforcement efforts to address the financial exploitation of servicemembers before the House Committee on Oversight and Reform, Subcommittee on National Security. [read post]
28 Jul 2022, 9:05 pm
The House Financial Services Committee has reportedly delayed progress on an anticipated bipartisan stablecoin bill after pushback from Secretary of the Treasury Janet Yellen, who called for stricter consumer protections. [read post]
28 Jul 2022, 12:48 pm
Section 1033 requires consumer financial services providers to give consumers access to certain financial information. [read post]
27 Jul 2022, 7:38 pm
The Consumer Financial Protection Act created the Consumer Financial Protection Bureau and gives it broad authority to protect consumers from unfair, deceptive, or abusive acts and practices from depository institutions. [read post]
