As artificial intelligence (AI) becomes increasingly embedded into products, services, and business decisions, state and local lawmakers have been considering and passing a range of laws addressing AI....more
Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more
4/19/2022
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Consent Order ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Cards ,
Credit Practices Rule ,
Credit Reporting Agencies ,
ECOA ,
Employee Training ,
False Advertising ,
False Claims Act (FCA) ,
Federal Family Education Loan Program (FFEL) ,
Federal Trade Commission (FTC) ,
For Profit Colleges ,
FTC Act ,
Holder Rule ,
Human Trafficking ,
Labeling ,
Late Fees ,
Made in the USA ,
Popular ,
Telemarketing Sales Rule ,
Unfair or Deceptive Trade Practices
On March 29-31, 2022, the National Institute for Science and Technology (NIST) held its second broad stakeholder workshop on its draft Artificial Intelligence Risk Management Framework, titled Building the NIST AI Risk...more
Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more
2/8/2022
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Bureau of Consumer Protection ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Reporting Agencies ,
Coronavirus/COVID-19 ,
Enforcement Actions ,
Fair Credit Reporting Act (FCRA) ,
False Advertising ,
False Reporting ,
Federal Trade Commission (FTC) ,
Financial Products ,
Financial Stimulus ,
Fraud ,
FTC Act ,
Marketing ,
Minorities ,
Online Reviews ,
Popular ,
Scams ,
Social Media ,
Student Loans ,
Telemarketing
Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more
1/25/2022
/ Breach Notification Rule ,
Cease and Desist ,
Certiorari ,
Comment Period ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Credit Cards ,
Credit Reporting Agencies ,
Debt Collection ,
Diversity and Inclusion Standards (D&I) ,
ECOA ,
Electronic Protected Health Information (ePHI) ,
False Claims Act (FCA) ,
FDCPA ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Financial Services Industry ,
For Profit Colleges ,
Fraud ,
Health Information Technologies ,
Health Insurance Portability and Accountability Act (HIPAA) ,
HIPAA Breach Notification Rule ,
Identity Theft ,
Lenders ,
OMWI ,
Payday Loans ,
Payment Processors ,
Popular ,
Religious Discrimination ,
SCOTUS ,
Student Loans ,
Telemarketing and Consumer Fraud and Abuse Prevention Act (TCFAPA) ,
Truth in Lending Act (TILA) ,
Unfair or Deceptive Trade Practices
Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more
1/11/2022
/ Consent Order ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
COPPA ,
Credit Bureaus ,
Data Protection ,
Deferred Payment Products ,
Department of Justice (DOJ) ,
Do Not Call List ,
EFTA ,
Enforcement Actions ,
Equifax ,
Experian ,
Fair Credit Reporting Act (FCRA) ,
Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 ,
Federal Register ,
Federal Trade Commission (FTC) ,
FinTech ,
Fraud ,
FTC Act ,
Gramm-Leach-Blilely Act ,
Joe Biden ,
Loans ,
Merchant Cash Advance (MCA) ,
Nominations ,
Popular ,
Robocalling ,
Software ,
Subscription Services ,
Telemarketing ,
TransUnion
White House officials have signaled that they are developing a potential consumer “Bill of Rights” for artificial intelligence (AI), and are broadly seeking information on biometric-based AI technologies. In particular, the...more
12/6/2021
/ Artificial Intelligence ,
Biometric Information ,
Consumer Privacy Bill of Rights ,
Cybersecurity ,
Facial Recognition Technology ,
Internet of Things ,
OSTP ,
Popular ,
Request For Information ,
Surveillance ,
Technology
Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more
11/30/2021
/ Active Duty ,
Artificial Intelligence ,
Board of Governors ,
Comptroller ,
Confidential Information ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Criminal Mischief ,
Do Not Call List ,
Dodd-Frank ,
Drug Treatment ,
ECOA ,
Ethics ,
Federal Employees ,
Federal Register ,
Federal Reserve ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Fraud ,
Fund Transfers ,
HMDA ,
Military Annual Percentage Rates (MAPR) ,
Military Lending Act ,
Mortgage Servicing Rules ,
Pawn Brokers ,
Personal Protective Equipment ,
Popular ,
Privacy Laws ,
Student Loans ,
Technology ,
Telemarketing ,
Unfair or Deceptive Trade Practices
On October 27, 2021, the Federal Trade Commission (FTC) announced revisions to its Safeguards Rule (Revised Safeguards Rule), which requires certain financial institutions to implement information security programs to protect...more
As 2021 draws to a close, businesses subject to California’s privacy laws should pay close attention to developments underway in that state that will have broad impacts on compliance strategies. On September 22, 2021, the...more
Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more
7/7/2021
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Reporting Agencies ,
Enforcement Actions ,
Financial Institutions ,
FTC Act ,
Landlords ,
Made in the USA ,
Mortgage Servicers ,
Popular ,
Settlement
In the last few years, thousands of businesses, hospitals, school districts, local governments, and other entities have fallen victim to ransomware. Several government and quasi-government groups are looking to take action....more
Speaking to the Future of Privacy Forum, Acting Federal Trade Commission (FTC) Chairwoman Rebecca Kelly Slaughter provided insight this week into how the Biden Administration intends to pursue privacy issues at the FTC. These...more
The National Defense Authorization Act for the Fiscal Year 2021 (2021 NDAA)—which was passed over a Presidential veto on January 1—represents a massive step forward for American AI policy in areas far beyond national defense....more
Artificial intelligence (AI) technology and applications have been expanding over the last few years, and in 2021, we expect government agencies to ramp up their efforts to deal with the actual and perceived impacts of the...more
On December 3, the President signed a new Executive Order (EO) on “Promoting the Use of Trustworthy Artificial Intelligence in the Federal Government.” This EO follows up on the 2019 Executive Order on Maintaining American...more
Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory...more
12/7/2020
/ Artificial Intelligence ,
Consumer Financial Protection Bureau (CFPB) ,
Debt ,
Debt Collection ,
Fair Credit Reporting Act (FCRA) ,
Federal Trade Commission (FTC) ,
Loans ,
No-Action Letters ,
NPRM ,
Popular ,
UDAAP
On November 3, Massachusetts voters approved the adoption of a ballot measure amending state law to require auto manufacturers to facilitate access to and sharing of an expanded set of user data with independent repair shops....more
In this webinar, Wiley lawyers from the Federal Trade Commission, U.S. Department of Homeland Security, and U.S. Department of Justice, will discuss possible changes on privacy and cybersecurity policy and oversight in a new...more
11/18/2020
/ Biden Administration ,
Cybersecurity ,
Data Privacy ,
Data Security ,
Department of Homeland Security (DHS) ,
Department of Justice (DOJ) ,
Federal Trade Commission (FTC) ,
Legislative Agendas ,
Popular ,
Privacy Laws ,
Webinars