We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
Lexology logo
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 171

Meet the new boss: the Bureau of Consumer Financial Protection

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • July 23 2010

With the passage and signing of the omnibus Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), a new era of financial regulation has been born

Congress passes financial reform legislation

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • July 19 2010

On July 16, 2010, the US Senate approved the conference version of the financial reform legislation, entitled the Dodd-Frank Wall Street Reform and Consumer Protection Act (Act); this follows House approval on June 30

Negotiating the enforcement maze: a CFPB civil investigative demand

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • April 4 2013

The Consumer Financial Protection Bureau (CFPB or Bureau), through its Office of Enforcement, may conduct inquiries of institutions or persons to

Eased sanctions present new opportunities and risks

  • Foley & Lardner LLP
  • -
  • Libya, Myanmar, USA, Yemen
  • -
  • April 1 2013

The past two years have witnessed substantial changes in the scope and effect of U.S. economic sanctions. In most instances, such as Iran and Syria

Double trouble: the Ninth Circuit permits cumulative recovery under the FDCPA and California's Rosenthal Act

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • October 4 2011

The recent Ninth Circuit decision, Gonzalez v. Arrow Financial Services, LLC, --- F.3d ---, 2011 WL 4430844 (9th Cir Sept. 23, 2011), addresses several issues relating to claims brought under the Fair Debt Collection Practices Act (“FDCPA”) and examines that statute’s interaction with the corresponding California debt collection statute, the Rosenthal Act

Appellate court decision demonstrates security is not just about technology its about people

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • August 16 2012

A federal appellate court recently held that a bank is potentially liable to a customer for failing to catch fraudulent money transfers totaling over $500,000

Illinois Appellate Court reaffirms that Illinois Interest Act does not prohibit use of 365360 interest calculation method

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • July 18 2011

In a July 12, 2011, opinion, the First District of the Illinois Appellate Court once again held that the Interest Act did not prohibit a lender from using a 365360 basis to calculate interest, so long as the method of calculation is clearly set forth in the note

CFPB proposes amendments to new final ability-to-repay rule, solicits comment on calculating loan originator compensation

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • January 25 2013

On January 10, 2013, the CFPB issued its final ability-to-repay rule (Rule), which implements Dodd-Frank mortgage reforms requiring creditors to make

CFPB zeroes in on payday loans

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • May 1 2013

During the past year, the CFPB has engaged in an in-depth review of short term and small dollar loans, specifically payday loans extended by

The CFPB’s “Escrows Rule” exempts small creditors in rural or underserved counties from Escrow Requirements

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • March 14 2013

The Consumer Financial Protection Bureau's ("CFPB") Escrow Requirements under the Truth in Lending Act rule ("Escrows Rule") will go into effect on