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11 results found

Article

Bass, Berry & Sims PLC | USA | 11 Jul 2017

Arbitration Regulation Bars Class Action Waivers

On July 10, the Consumer Financial Protection Bureau(CFPB) issued its final rule preventing certain financial product and service providers from

Article

Bass, Berry & Sims PLC | USA | 10 Feb 2017

What to Expect in the New Financial CHOICE Act (2.0)

In the past couple days, much has been written about the contents of a leaked memo from Jeb Hersarling, Chair of the House Financial Services

Article

Bass, Berry & Sims PLC | USA | 6 May 2016

Consumer Financial Protection Bureau Proposed Rule Bans Arbitration Class Action Waivers

On Thursday, the Consumer Financial Protection Bureau (CFPB) released its long-awaited proposed regulation banning consumer financial companies and

Article

Bass, Berry & Sims PLC | USA | 4 Feb 2016

CFPB Director Richard Cordray Comments on Overdraft Checking

On Wednesday, February 3, 2016, CFPB Director Richard Cordray sent a letter to the nation's largest banks urging them to provide customers more

Article

Bass, Berry & Sims PLC | USA | 2 Apr 2015

CFPB issues 2015 FDCPA annual report

Last week, the Consumer Financial Protection Bureau issued its 2015 Annual Report on the Fair Debt Collection Practices Act. Here are the highlights

Article

Bass, Berry & Sims PLC | USA | 10 Nov 2014

M&T Bank settles CFPB charge of deceptive advertising of "free checking" account

Manufacturers & Traders Trust Company (M&T Bank) has agreed to entry of a Consent Order with the Consumer Financial Protection Bureau (CFPB) agreeing

Article

Bass, Berry & Sims PLC | USA | 11 Apr 2014

FFIEC warns financial institutions of critical cybersecurity threat and advises of expected response

As referenced in our prior Alert, cybersecurity is the critical and pressing concern of all companies, and particularly financial institutions. The

Article

Bass, Berry & Sims PLC | USA | 14 Oct 2013

Tips on using payroll debit cards

With a growing number of employers using direct deposit to pay their employees instead of paper checks (or even rarer, actual cash!), employers

Article

Bass, Berry & Sims PLC | USA | 6 Sep 2013

CFPB warns furnishers of consumer data

Earlier this week, the Consumer Financial Protection Bureau (CFPB) reminded entities that furnish information to consumer reporting agencies (CRAs)

Article

Bass, Berry & Sims PLC | USA | 22 Mar 2012

CFPB now accepting complaints related to student loans

During what it dubbed "National Consumer Protection Week," on March 5, 2012, the Consumer Financial Protection Bureau ("CFPB") announced that it would begin accepting consumer complaints related to student loans.

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