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FTC Amends “Safeguards Rule” for Covered Financial Institutions

USA - November 3 2021 On October 27, the Federal Trade Commission (FTC) announced a final rule (Final Rule), amending the Standards for Safeguarding Customer Information…

Sarah Hanna, James W. Stevens.

FDIC to Issue Policy Guidance on Bank Participation in Crypto Market, Particularly on Stablecoins

USA - October 29 2021 Federal Deposit Insurance Corp. (FDIC) Chairman Jelena McWilliams announced at the October 25 Money 20/20 conference that the FDIC is currently…

Carter Nichols.

Georgia Court Dismisses FDCPA Case Over Calls to Consumer’s Mother

USA - October 15 2021 A recent decision out of the Northern District of Georgia highlights how statutory language is still important when resolving matters under the FDCPA…

Punit K. Marwaha.

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

USA - October 11 2021 Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper…

Edgar Vargas, Elizabeth M. Briones, Ronald I. Raether Jr., John E. “Jed” Komisin, Daniel T. Stillman, Alan D. Wingfield.

Eastern District of New York Dismisses FDCPA Complaint Based on Lack of Standing

USA - August 5 2021 The Eastern District of New York recently found that a plaintiff lacked Article III standing to bring her FDCPA suit as she failed to demonstrate a…

Punit K. Marwaha.