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Article

Burr & Forman LLP | USA | 23 Jul 2018

Consumer Financial Protection Bureau Announces Launch of “Regulatory Sandbox” for Blockchain Technology and Cryptocurrencies

Mick Mulvaney’s tenure as acting director of the Consumer Financial Protection Bureau (“CFPB” or “the Bureau”), a position he has held since November

Article

Burr & Forman LLP | USA | 23 May 2018

Important Regulatory Relief for Banks and Lenders Passes Congress

On May 22, 2018, the U.S. House of Representatives passed S. 2155, titled The Economic Growth Regulatory Relief and Consumer Protection Act (“Act”)

Article

Burr & Forman LLP | USA | 30 Jan 2018

CFPB Submits Report on College Credit Card Agreements

On January 3, 2018, in compliance with the Credit Card Accountability, Responsibility and Disclosure Act ("CARD Act"), the CFPB published its annual

Article

Burr & Forman LLP | USA | 30 Jan 2018

Civil Penalty Inflation Annual Adjustments

On January 12, 2018, the CFPB issued a rule adjusting for inflation for the maximum amount of each civil penalty within the CFPB's jurisdiction. To

Article

Burr & Forman LLP | USA | 30 Jan 2018

Call for Evidence Regarding Consumer Financial Protection Bureau Functions

On January 17, 2018, Acting CFPB Director Mick Mulvaney announced that the CFPB will publish Requests for Information ("RFIs") in the Federal

Article

Burr & Forman LLP | USA | 30 Jan 2018

CFPB Brings Enforcement Action Against Think Finance, LLC

On November 15, 2017, the CFPB filed a Complaint in the United States District Court for the District of Montana against Think Finance, alleging the

Article

Burr & Forman LLP | USA | 30 Jan 2018

CFPB Publishes Ombudsman’s Office 2017 Annual Report

On December 6, 2017, the CFPB Published the Ombudsman's Office 2017 Annual Report ("Report"). The CFPB Ombudsman assists consumers and a variety of

Article

Burr & Forman LLP | USA | 30 Jan 2018

State of the Consumer Credit Card Market

On December 27, 2017, the CFPB the issued its biennial report on the state of the consumer credit card market. The detailed report discusses

Article

Burr & Forman LLP | USA | 30 Jan 2018

CFPB Files Complaint against Debt-Relief Companies for Illegally Posing as the Federal Government

On October 12, 2017, the CFPB filed a Complaint in the United States District Court for the District of Maryland against two companies operating under

Article

Burr & Forman LLP | USA | 30 Jan 2018

CFPB Issues Monthly Complaint Report Examining Servicemember Complaints

On October 31, 2017, the CFPB issued a monthly complaint report providing a 50-state review of complaints submitted by servicemembers, veterans, and

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