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Troutman Pepper Weekly Consumer Financial Services Newsletter
USA - August 21 2023 To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the…
Homeowner Files Cert Petition Over Whether an HOA Assessment Qualifies as a “Credit Transaction” under the FCRA
USA - August 21 2023 The U.S. Supreme Court has been asked to decide whether a homeowner association (HOA) assessment constitutes a “credit transaction” under the Fair…
Maryland Issues Guidance on Earned Wage Access Products
USA - August 18 2023 On August 1, Maryland’s Office of Financial Regulation (OFR) issued guidance to “provide clarity on how [the OFR] views Earned Wage Access [EWA]…
Credit Union Trade Associations Move to Intervene in Case Challenging CFPB’s Enforcement of its Section 1071 Rule
USA - August 15 2023 On August 10, two credit union trade associations — Credit Union National Association (CUNA) and Cornerstone Credit Union League — and Rally Credit…
Fed Provides Details of Novel Banking Activities and Cryptocurrency Supervisory Program
USA - August 15 2023 On August 8, the Federal Reserve Board (Fed) issued a press release providing additional information on its Novel Activities Supervision Program…
Ninth Circuit Affirms Dismissal of TCPA Case Involving Text Messages Holding “Prerecorded Voice Messages” Require Audible Component
USA - August 14 2023 On August 8, a unanimous panel of the Ninth Circuit issued a decision affirming a district court’s partial dismissal judgment entered in Trim v…
Troutman Pepper Weekly Consumer Financial Services Newsletter
USA - August 14 2023 To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the…
Rhode Island AG Settles with Dealerships over Allegedly Charging Fees Not Included in Advertised Prices
USA - August 14 2023 Rhode Island Attorney General Peter F. Neronha announced a total settlement of $557,815 with three car dealerships to resolve allegations that the…
Recent FTC Departures
USA - August 10 2023 In this Episode of The Consumer Finance Podcast, Troutman Pepper Partner Chris Willis and fellow Partner Kim Phan discuss how the recent departure of…
Banks From Coast to Coast Urge CFPB to Stay Implementation of its Section 1071 Final Rule
USA - August 10 2023 On August 8, bankers associations from all 50 states sent a joint letter to the Consumer Financial Protection Bureau (CFPB or Bureau) urging it to…
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