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Buckley LLP | USA | 9 Nov 2018

Court grants request to stay CFPB payday rule compliance date

On November 6, the U.S. District Court for the Western District of Texas granted two payday loan trade groups’ request to reconsider the court’s June


Buckley LLP | USA | 15 Jun 2018

District Court denies joint request to stay payday rule but agrees to stay lawsuit

On June 12, the U.S. District Court for the Western District of Texas denied a joint request by the CFPB and two payday loan trade groups to stay the


Buckley LLP | USA | 6 Jun 2018

District Court holds that FTC investigation and initiation of enforcement proceedings do not qualify as final agency actions subject to judicial review

On May 29, the U.S. District Court for the Northern District of California granted the FTC’s motion to dismiss a declaratory-judgment action filed by


Buckley LLP | USA | 1 Jun 2018

CFPB Succession: Bureau asks court to stay payday rule litigation; Mulvaney: Bureau may resume PII collection; working on a fintech regulatory “sandbox”; will consider scale and frequency of violations in future actions

On May 31, the CFPB filed a joint motion with two payday loan trade groups, requesting a stay of litigation pending the Bureau’s reconsideration of


Buckley LLP | USA | 31 May 2018

Court orders Department of Education to cease collection efforts on student loans used for defunct for-profit school

On May 25, the U.S. District Court for the Northern District of California granted in part a preliminary injunction barring the U.S. Department of


Buckley LLP | USA | 18 May 2018

D.C. Circuit rejects challenge to FTC’s 2016 staff letter on soundboard technology

On April 27, the U.S. Court of Appeals for the D.C. Circuit dismissed a challenge to a November 2016 FTC staff letter, which announced the FTC would


Buckley LLP | USA | 22 Dec 2017

State AGs Sue Department of Education for Withholding Promised Student Loan Debt Relief

On December 14, state attorneys general from California, Massachusetts, Illinois, and New York, filed lawsuits (see here and here) against the U.S


Buckley LLP | USA | 29 Sep 2017

Financial Industry Groups Sue the CFPB Over Arbitration Rule

On September 29, the U.S. Chamber of Commerce (Chamber) and other financial industry groups joined together to file a lawsuit in a Texas District


Buckley LLP | USA | 26 May 2017

DOL Announces No Additional Delay for Fiduciary Rule

On May 22, the U.S. Department of Labor (DOL) issued a news brief providing Fiduciary Rule guidance in anticipation of the upcoming June 9 partial


Buckley LLP | USA | 19 Jan 2017

OCC FinTech Proposal Draws a Range of Comments from Industry Stakeholders

A number of stakeholders submitted comment letters this week in response to the OCC's recent proposal to move forward with developing a special

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