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Hudson Cook LLP | USA | 5 Jun 2018

Congress Kills Bureau Anti-Discrimination "Guidance" - Now What?

Jean Noonan On May 21, the Bureau of Consumer Financial Protection issued a statement in the wake of President Trump's signing into law a bipartisan


Mayer Brown | USA | 18 Sep 2017

CFPB Issues No-Action Letter to Alternative Credit Lending Platform

The Consumer Financial Protection Bureau (“CFPB”) has issued its first No-Action Letter (“No-Action Letter” or “Letter”) in response to a request from


Baker McKenzie | USA | 25 Aug 2017

Market Compliance Corner August 2017

Chairman Clayton Lays Out Guiding Principles for His Tenure as SEC Chair Prioritizing the evolution of regulation with markets, Jay Clayton announces


Porter Wright Morris & Arthur LLP | USA | 18 Jul 2017

New CFPB Rule Limiting Arbitration Clauses Faces Possible Congressional Veto

The enforceability of arbitration clauses in financial contracts took a hit from the Consumer Financial Protection Bureau (the “CFPB”) this week, but


Bryan Cave Leighton Paisner (Bryan Cave) | USA | 14 Jul 2017

New CFPB Rule Prohibits Class Action Waivers

On July 10, 2017, the Consumer Financial Protection Bureau (CFPB) released a rule prohibiting class action waivers in certain pre-dispute arbitration


Kilpatrick Townsend & Stockton LLP | USA | 13 Jul 2017

CFPB Issues Arbitration Agreements Final Rule

On July 10, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a final rule governing agreements that provide for the arbitration of any


Buckley LLP | USA | 16 Jun 2017

CFPB Encourages Alternatives to Deferred Interest Promotional Offers to Provide Transparency to Consumers

On June 8, the CFPB reported that it sent letters encouraging top retail credit card companies to consider consumer financing promotions that are more


Buckley LLP | USA | 16 Jun 2017

CFPB Withdraws CID, Petition to Enforce CID is Moot Due to Lack of Subject-Matter Jurisdiction

On June 8, the CFPB filed a petition to withdraw a 2015 CID issued to a financial services company concerning its structured settlement and annuity


Buckley LLP | USA | 14 Jun 2017

CFPB Releases Study on Credit Visible Consumers

On June 7, the CFPB published analysis of how consumers transition out of credit invisibility. “Credit invisibility” refers to an individual who lacks


DLA Piper | USA | 25 May 2017

The Financial Report, 25 May 2017, US Banking Developments

The OCC announced that it has updated its policies and procedures regarding violations of laws and regulations. This policy is effective on July 1

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