U.S. Department of the Treasury Secretary Scott Bessent was appointed as acting director of the Consumer Financial Protection Bureau (CFPB or the Bureau) on Feb. 3, 2025. In his capacity as acting director, Bessent reportedly...more
2/27/2025
/ Administrative Procedure Act ,
Congressional Review Act ,
Consumer Financial Protection Bureau (CFPB) ,
Corporate Counsel ,
Dodd-Frank ,
Enforcement Actions ,
Fair Credit Reporting Act (FCRA) ,
FDIC ,
Federal Reserve ,
Final Rules ,
OCC ,
Proposed Rules ,
Regulatory Reform ,
Regulatory Requirements ,
State Attorneys General
In the waning days of the Biden Administration, the Consumer Financial Protection Bureau (CFPB) on Jan. 10, 2025, issued a proposed interpretive rule that would provide a framework for determining when the Electronic Fund...more
1/23/2025
/ Biden Administration ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Electronic Fund Transfer Act ,
Electronic Payment Transactions ,
Financial Institutions ,
FinTech ,
Regulation E ,
Regulatory Requirements ,
Stablecoins ,
Trump Administration
The Federal Trade Commission (FTC) has made several amendments to the prior Negative Option Rule (Rule) that alter how subscription- and membership-based businesses will need to operate. This Holland & Knight alert summarizes...more
10/31/2024
/ Automatic Renewals ,
Cancellation Rights ,
Compliance ,
Consent ,
Consumer Contracts ,
Federal Trade Commission (FTC) ,
Final Rules ,
Marketing ,
Misrepresentation ,
Prior Express Consent ,
Regulatory Requirements ,
Subscription Services ,
Terms and Conditions