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Troutman Pepper is a national law firm known for its higher commitment to client care. With more than 1,100 attorneys in 23 U.S. cities, the firm…
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Troutman Pepper | USA | 26 May 2023

FDIC Chairman Addresses Deposit Insurance Misrepresentation at National Bank Conference

On May 23, Chairman Martin J. Gruenberg of the Federal Deposit Insurance Corporation (FDIC) delivered remarks at the Cities for Financial Empowerment…
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Troutman Pepper | USA | 25 May 2023

Fish and Wildlife Service Revises Its Mitigation Policies

Last week, the U.S. Fish and Wildlife Service (FWS) released two revised compensatory policies. The Mitigation Policy and the ESA Compensatory…
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Troutman Pepper | USA | 25 May 2023

Section 1071 Final Rule: An Overview

As recently discussed on our podcast here, section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act)…
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Troutman Pepper | USA | 24 May 2023

Troutman Pepper Weekly Consumer Financial Services Newsletter

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the…
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Troutman Pepper | USA | 24 May 2023

Description of the Small Business Investment Company Program Participation by Unleveraged Funds — Updated May 2023

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses…
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Troutman Pepper | USA | 24 May 2023

Description of the Small Business Investment Company Debenture Program — Updated May 2023

A Small Business Investment Company (SBIC) is a privately owned and operated company that makes long-term investments in American small businesses…
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Troutman Pepper | USA | 23 May 2023

EPA’s New Carbon Standards for Power Plants Require Quick Decisions

EPA’s long-promised rules for reducing CO2 emissions from fossil fuel-fired power plants have now been published. In the proposal, EPA lays out…
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Troutman Pepper | USA | 22 May 2023

Massachusetts Division of Banks Fines Student Loan Servicer $500,000 for Servicing Without a License

On May 19, the Massachusetts Division of Banks entered into a consent order with Educational Computer Systems, Inc. (ECSI) to resolve allegations…
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Troutman Pepper | USA | 19 May 2023

CFPB Warns Financial Institutions That Unilaterally Reopen Customer Accounts May Risk Violating UDAAP

If a financial institution unilaterally reopens a closed deposit account to process a transaction, does that constitute an unfair act or practice…
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Troutman Pepper | USA | 19 May 2023

Stakeholders’ Input Welcome: Virginia ABC to Assess Options for Regulating Liquid Nicotine in the Commonwealth

The Virginia ABC will assess a regulatory scheme for liquid nicotine, with the consultation of stakeholders, and issue a report and recommendations…
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