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A new CFPB director and expectations for increased enforcement After months of uncertainty, on Sept. 30, the Senate confirmed a current FTC Commissioner, Rohit Chopra, as the new Director of the Consumer Financial Protection Bureau (CFPB). [read post]
16 Oct 2021, 9:54 am by Alexandra L. Arko
“Fake reviews and other forms of deceptive endorsements cheat consumers and undercut honest businesses,” said Samuel Levine, director of the FTC’s Bureau of Consumer Protection, in a statement. [read post]
14 Oct 2021, 1:51 pm by Christopher J. Willis
In 2016, the Bureau entered into a consent order with AAG to settle claims that AAG engaged in deceptive advertising in violation of the Mortgage Acts and Practices-Advertising Rule (Regulation N) and the Consumer Financial Protection Act. [read post]
13 Oct 2021, 6:30 am by Jane Turner
A morning meal consisted of cereal and milk, and Edwards cannot consume milk. [read post]
11 Oct 2021, 7:06 am by Rob Robinson
For example, this can be used to identify indirect discrimination: is a protected group disproportionately affected in a negative way? [read post]
7 Oct 2021, 9:03 pm by Jillian Moss
Consumer Finance Protection Bureau. [read post]
by Pillsbury's Construction & Real Estate Law Team On September 30, 2021, the United States Senate confirmed Rohit Chopra as Director of the Consumer Financial Protection Bureau (CFPB). [read post]
5 Oct 2021, 9:30 am by luiza
Constantine Cannon whistleblower attorney Ari Yampolsky recently joined our own Harry Litman, host of the Talking Feds podcast, to discuss a newly proposed federal law that would provide financial rewards to whistleblowers who bring information to the Consumer Financial Protection Bureau (CFPB). [read post]
4 Oct 2021, 12:56 pm by Emily Dai
Lee, chief operating officer at the Identity Theft Resource Center; Jessica Rich, of counsel at Kelley Drye and former director of the Bureau of Consumer Protection and Federal Trade Commission (FTC); Edward F. [read post]
4 Oct 2021, 12:28 pm by Enza G. Boderone and Philip R. Stein
Also last month,  the Consumer Financial Protection Bureau (CFBP) announced a new proposed rule to Section 1071 of the Dodd-Frank Act to require financial institutions to collect and report to the CFBP information on applications for credit for small business, including businesses owned by women and minorities.[4] Specifically, it would require lenders to report information about the amount and category of small business credit applications,… [read post]
This message rings similar to criticism of private equity made by Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, who had been a commissioner at the FTC. [read post]
In support of such rules, she cites a variety of factors that may mask how much consumers value their privacy and undermine their ability to make choices to protect it. [read post]
3 Oct 2021, 9:00 am by Rania Combs
To report fraud, contact the Consumer Financial Protection Bureau, the Financial Fraud Enforcement Task Force, or the Texas Attorney General’s Office. [read post]
3 Oct 2021, 9:00 am by Rania Combs
To report fraud, contact the Consumer Financial Protection Bureau, the Financial Fraud Enforcement Task Force, or the Texas Attorney General’s Office. [read post]
The Senate yesterday confirmed current FTC Commissioner Rohit Chopra as the new Director of the Consumer Financial Protection Bureau (CFPB). [read post]
30 Sep 2021, 6:51 am by Kim Phan
In her memo, Chair Khan also announced her intention to name Samuel Levine as Director of the Bureau of Consumer Protection and she officially did so this week. [read post]
27 Sep 2021, 12:59 pm by Emily Dai
The committee will hear testimony from David Vladeck, professor and faculty director of the Center on Privacy and Technology at Georgetown Law and former director of the Federal Trade Commission (FTC) Bureau of Consumer Protection; Morgan Reed, president of the App Association; Maureen Ohlhausen, partner and section chair of Antitrust & Competition Law at the FTC; Baker Botts; former acting chairman of the FTC; and Ashkan Soltani, independent researcher and… [read post]
27 Sep 2021, 10:15 am by IPWatchdog
This week in Washington IP events, the House Consumer Protection Subcommittee within the Energy & Commerce Committee will explore the rapidly expanding landscape for name, image, and likeness (NIL) rights for college athletes, while the Consumer Protection Subcommittee within the House Committee on Financial Services takes a look at technologies that are reshaping the U.S. banking system. [read post]
24 Sep 2021, 12:54 pm by Jessica Rich
” Although the memo is divided into multiple sections (Strategic Approach, Policy Priorities, and Operational Objectives), it boils down to these key takeaways: The FTC will take a “holistic” approach to competition and consumer protection, focusing on the greatest harms to consumers, workers, and businesses, moving away from existing “siloes” between Bureaus of Competition and Consumer Protection, and applying an… [read post]