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9 results found

Article

Paul Hastings LLP | USA | 4 Mar 2016

CFPB No-Action Letters: Is There a Benefit?

The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) recently finalized a policy to permit its staff to issue No-Action Letters to

Article

Paul Hastings LLP | USA | 29 Sep 2015

Banking on the green rush: financial institutions face new challenges in serving the legal marijuana industry

Financial institutions that either serve, or seek to serve, marijuana-related businesses face significant uncertainty with respect to marijuana’s

Article

Paul Hastings LLP | USA | 20 Apr 2015

Regulatory scrutiny of language discrimination in the marketing and offering of consumer financial products and services

Over the last several years, the Consumer Financial Protection Bureau ("CFPB") and the Federal Trade Commission ("FTC") have taken steps to expand

Article

Paul Hastings LLP | USA | 9 Apr 2015

CFPB’s public complaint database likely to amplify consumer voice but muffle effective provider responses

The Consumer Financial Protection Bureau (the "CFPB" or "Bureau") recently issued its final policy statement (the "Policy Statement") enabling

Article

Paul Hastings LLP | USA | 21 Oct 2014

Understanding CFPB supervision and enforcementimportant considerations in working with the federal financial consumer watchdog

In a few short years, the Consumer Financial Protection Bureau (CFPB), with its primary mission of protecting the federal legal rights of consumers

Article

Paul Hastings LLP | USA | 11 Apr 2014

Getting personal - financial regulators' warn of a new era of individual responsibility

A new theme is developing in financial services regulatory enforcementassigning personal responsibility for ostensibly corporate acts. As a result

Article

Paul Hastings LLP | USA | 19 Mar 2014

Enhanced prudential standards for foreign banking organizations’ U.S. operationsthe Dodd-Frank “quid pro quo"

Among the most noteworthy developments of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("DFA") are the significantly

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