Sep 6, 2019 | Litigation, News
← Previous Article Next Article → In a ruling earlier this week, U.S. District Judge Dabney Friedrich dismissed a lawsuit by the Conference of State Bank Supervisors (CSBS) over the Office of the Comptroller of the Currency’s (OCC) plan to issue a special...
Sep 2, 2019 | FinTech, News
← Previous Article Next Article → Last week, the planning department for Ottawa proposed restrictions for new payday loan businesses in the city. The proposal stems from a decision by the Ontario provincial government last year to allow cities to determine...
Aug 30, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → In an amicus brief filed yesterday, the Consumer Financial Protection Bureau (CFPB) told the Third Circuit that state attorneys general can pursue enforcement claims that are parallel to enforcement claims brought by the...
Aug 30, 2019 | Federal Regulation, Litigation, News
← Previous Article Next Article → A three-judge panel on the Seventh Circuit Court of Appeals ruled that the Federal Trade Commission (FTC) could not collect restitution from a company that violated Section 13(b) of the Federal Trade Commission Act (FTCA)...
Aug 26, 2019 | Congressional Legislation, News
← Previous Article Next Article → Last Friday, Congresswoman Maxine Waters, Chairwoman of the House Financial Services Committee, announced the Committee’s fall priorities, which includes cryptocurrency and workplace diversity.According to the press release,...
Aug 23, 2019 | FinTech, News
← Previous Article Next Article → Earlier this week, the Conference of State Bank Supervisors (CSBS) announced three new tools aimed to help fintech firms “navigate the state regulatory system and protect against cyber risks.”The tools include the...