Ropes & Gray LLP
Pershing Square Capital Management, L.P., led by renowned investor Bill Ackman, has made headlines by filing for a new listed closed-end fund...
Welcome to Compliance Notes from Nossaman's Government Relations & Regulation Group – a periodic digest of the headlines...
Mayer Brown serves as a trusted advisor to our clients in the consumer financial services industry, a role that we cherish and constantly strive to improve.
Welcome to Compliance Notes from Nossaman's Government Relations & Regulation Group – a periodic digest of the headlines, statutory and regulatory changes...
Schulte Roth & Zabel LLP
On Feb. 6, 2024, the US Securities and Exchange Commission ("SEC" or "Commission") adopted new Rules 3a5‑4 and 3a44‑2 (together, "Final Rules")...
Manatt, Phelps & Phillips LLP
On February 16, 2024, the Consumer Financial Protection Bureau (CFPB) issued a procedural rule revising its supervisory appeals process for the first time since 2015.
Butler Weihmuller Katz Craig LLP
On February 14, 2024, Florida's Third District Court of Appeal, in Fernando Cantens and Ana Marie Cantens v. Certain Underwriters at Lloyd's London, No. 3D22-0917 (Fla. 3d DCA Feb. 13, 2024)...
In the realm of lead generation and performance-based customer acquisition, pursuing profits carries significant legal risks.
Earlier in January 2024, the CFPB continued its crackdown on what it decries as "junk fees," releasing a Proposed Rule to curb overdraft fees.
Proskauer Rose LLP
On February 6, 2024, the New York State Department of Financial Services ("DFS") released "pre-proposed" consolidated rulemaking related to the business practices...
The New York Department of Financial Services (NYDFS) issued final supervisory guidance on January 22, 2024, to New York banking institutions and financial services companies licensed by the NYDFS.
Goodwin Procter LLP
The Supreme Court continues to take a close look at major administrative law questions, and its answers have the potential to significantly affect the consumer finance industry.
An investigation into the use of off-channel and unpreserved communications by the SEC has led to another 16 firms being fined for recordkeeping failures.
On January 24, 2024, the Consumer Financial Protection Bureau ("CFPB") launched the latest salvo in its war against so-called "junk fees" by issuing a proposed rule that would prohibit...
Kramer Levin Naftalis & Frankel LLP
On Feb. 16, 2024, the board of governors of the Federal Reserve System (the Federal Reserve), the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency...
Market leaders and major investment banks turn to WilmerHale for capital markets legal advice and business advantage.
Katten Muchin Rosenman LLP
Financial Markets and Funds Partner Neil Robson spoke with Compliance Week on how AI could be a useful tool for analyzing a company's data for its ESG reporting and disclosures.
In this webinar, part of the CARES Act Webinar Series, partners Chalyse Robinson, Keith Trammell, Daniel Kearney and Yoon-Young Lee provide an update on the revisions and expansion of the Main...
On 29 January 2024, the Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking (NPR) regarding its review of Bank Merger Act (BMA) applications.
The Bank Secrecy Act ("BSA") establishes program, recordkeeping, and reporting requirements for certain financial institutions to combat and detect money laundering...