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The State AG Report Weekly Update February 4, 2016
  • Cozen O'Connor
  • USA
  • February 4 2016

Washington Attorney General Sues State Labor Council for Alleged Campaign Finance Violations. Washington AG Bob Ferguson filed a complaint against


Recent cases - January 2016
  • Burr & Forman LLP
  • USA
  • January 27 2016

Together with the Federal Trade Commission (“FTC”), the Consumer Financial Protection Bureau (“CFPB”) recently filed an amicus brief in the case


Pitfalls for the Unwary: Long Arm Jurisdiction of State Enforcement of Money Transmittal Company Laws
  • Locke Lord LLP
  • USA
  • January 22 2016

Last month we alerted our clients to newly proposed anti-terrorism and anti-money laundering regulations in New York that sought to impose increased


Supreme Court refuses to review student loan bankruptcy case
  • Foster Swift Collins & Smith PC
  • USA
  • January 19 2016

Students have taken on more than $1 trillion in debt to pay for the relentlessly rising costs of higher education. With that much debt outstanding


Federal Reserve and Higher One Settle Issues Related to Services Associated with Student Loans
  • Winston & Strawn LLP
  • USA
  • January 7 2016

The private student loan market, over several years, has been the focus of various federal regulatory agencies, including the Consumer Financial


Pop Quiz: Regulatory Issues for Colleges Offering Financial Products to Students
  • Venable LLP
  • USA
  • January 4 2016

On December 16, 2015, the federal Consumer Financial Protection Bureau (CFPB) sent warning letters to 17 colleges directing them to improve disclosure


New Regs Will Change How Colleges Offer Bank Accounts to Students
  • Bryan Cave LLP
  • USA
  • December 31 2015

On October 30, 2015, the Department of Education issued regulations to impose requirements on the marketing and terms of deposit and prepaid accounts


CFPB reports on credit card agreements and warns colleges of potential CARD Act violations
  • BuckleySandler LLP
  • USA
  • December 18 2015

On December 16, the CFPB issued its annual report to Congress regarding credit card marketing agreements between colleges and issuing credit card


2016 Could Bring Even More Headaches for Institutions of Higher Education
  • Armstrong Teasdale LLP
  • USA
  • December 14 2015

The U.S. Department of Education is seeking to expand the right of all federal student loan borrowers to seek loan forgiveness. Specifically, it has


Federal Highway Bill Eliminates Annual Privacy Notice Requirement for Financial Institutions
  • Katten Muchin Rosenman LLP
  • USA
  • December 11 2015

On December 4, President Obama signed the “Fixing America’s Surface Transportation Act’’ or the ‘‘FAST Act.” In addition to providing for highway and