As digital assets continue to reshape the financial landscape, regulatory clarity around stablecoins is increasingly vital. The GENIUS Act, signed into law by President Trump in July, establishes the first-ever federal...more
8/27/2025
/ Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Investment ,
National Security ,
New Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Stablecoins ,
The GENIUS Act ,
Trump Administration
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
8/27/2025
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Blockchain ,
Central Bank Digital Currency (CBDCs) ,
CFTC ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Enforcement Actions ,
FDIC ,
Federal Reserve ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
NDAA ,
OCC ,
Open Banking ,
Popular ,
Regulatory Requirements
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
8/5/2025
/ Anti-Money Laundering ,
Artificial Intelligence ,
CFTC ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Exchange-Traded Products ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
FinCEN ,
Securities and Exchange Commission (SEC)
On July 24, Oregon Governor Tina Kotek signed House Bill 3865 (HB 3865) into law, introducing significant changes to the regulation of telephone solicitations within the state. This new legislation narrows the permissible...more
8/1/2025
/ Consumer Privacy Rights ,
Debt Collectors ,
Financial Services Industry ,
New Legislation ,
Opt-Outs ,
Regulatory Reform ,
Robocalling ,
State and Local Government ,
State Privacy Laws ,
Telecommunications ,
Telemarketing ,
Telephone Privacy Protection Acts ,
Text Messages ,
Unsolicited Phone Calls
On July 16, TradeStation Securities, Inc., a member firm of the Financial Industry Regulatory Authority (FINRA), submitted a Letter of Acceptance, Waiver, and Consent (AWC) to FINRA’s Department of Enforcement. This AWC...more
7/31/2025
/ Advertising ,
Broker-Dealer ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Disclosure Requirements ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Services Industry ,
Investment ,
Investors ,
Marketing ,
Regulatory Violations ,
Securities Regulation ,
Trading Platforms
In a significant turn of events, the Consumer Financial Protection Bureau (CFPB or Bureau) has decided to initiate a new rulemaking process concerning its final rule on personal financial data rights under Section 1033 of the...more
7/30/2025
/ Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Privacy Rights ,
Data Privacy ,
Financial Institutions ,
Financial Services Industry ,
Open Banking ,
Personal Data ,
Rulemaking Process ,
Stays
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
7/30/2025
/ Artificial Intelligence ,
Consumer Financial Protection Bureau (CFPB) ,
Debt Collection ,
Department of Government Efficiency (DOGE) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Financial Services Industry ,
Guilty Pleas ,
Money Transmitter ,
New Legislation ,
Regulatory Reform ,
Regulatory Requirements ,
Terrorist Financing Regulations ,
Trump Administration ,
Unfair or Deceptive Trade Practices
Yesterday, the New York City Department of Consumer and Worker Protection (NYC DCWP) announced another delay in the effective date of its amended debt collection rules. This marks the second postponement. As discussed here,...more
On July 18, America’s Credit Unions sent a letter to the Honorable Kyle Hauptman, Chairman of the National Credit Union Administration (NCUA), urging the agency to initiate rulemaking that would allow credit unions to take...more
7/24/2025
/ Consumer Financial Products ,
Credit Unions ,
Digital Assets ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment ,
NCUA ,
Regulatory Requirements ,
Rulemaking Process ,
Stablecoins ,
The GENIUS Act
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
7/22/2025
/ Appraisal ,
Commodity Exchange Act (CEA) ,
Consumer Financial Products ,
Cryptocurrency ,
Digital Assets ,
Disparate Impact ,
Diversity and Inclusion Standards (D&I) ,
FCC ,
Federal Reserve ,
Financial Services Industry ,
Gaming ,
Holding Companies ,
Taxation ,
Telecommunications ,
Trump Administration
On July 14, the Consumer Financial Protection Bureau (CFPB or Bureau) filed a status report announcing its decision not to reissue its Medical Debt Collection Advisory Opinion, which had been issued in 2024 to “remind debt...more
7/18/2025
/ Advisory Opinions ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Credit Reports ,
Debt Collection ,
Enforcement ,
Fair Credit Reporting Act (FCRA) ,
FDCPA ,
Financial Services Industry ,
Healthcare ,
Medical Debt ,
Regulatory Oversight ,
Regulatory Requirements
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
7/16/2025
/ Anti-Money Laundering ,
Blockchain ,
CFTC ,
Consumer Financial Products ,
Cryptocurrency ,
Digital Assets ,
Exchange-Traded Products ,
FDIC ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment ,
New Legislation ,
OCC ,
Popular ,
Regulatory Agencies ,
Regulatory Agenda ,
Regulatory Requirements ,
Stablecoins
Recently, the Department of Financial Protection and Innovation (DFPI) in California issued a consent order against Coinme Inc., a company operating digital financial asset kiosks, commonly known as Bitcoin ATMs, across the...more
On June 26, the Conference of State Bank Supervisors (CSBS) released new guidance regarding the treatment of virtual currency in the calculation of a licensee’s tangible net worth under the Money Transmission Modernization...more
7/9/2025
/ Banking Sector ,
Cryptocurrency ,
CSBS ,
Digital Assets ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Money Transmission Act ,
Money Transmitter ,
New Guidance ,
Regulatory Oversight ,
Regulatory Requirements ,
State and Local Government ,
Virtual Currency
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
6/25/2025
/ Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Debit and Credit Card Transactions ,
ECOA ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Financial Regulatory Reform ,
Financial Services Industry ,
McLaughlin Chiropractic Associates Inc v McKesson Corporation ,
New Legislation ,
OCC ,
Popular ,
Proposed Legislation ,
Proposed Rules ,
Regulation B ,
Regulatory Agenda ,
Regulatory Requirements ,
SCOTUS ,
Stablecoins ,
TCPA
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
6/18/2025
/ Administrative Appointments ,
CFTC ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Debt Collection ,
Decentralized Finance (DeFi) ,
ECOA ,
Enforcement Actions ,
Financial Crimes ,
Financial Markets ,
Financial Regulatory Reform ,
Financial Services Industry ,
Popular ,
Proposed Legislation ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
State Attorneys General
On Tuesday, June 10, the House Committees on Agriculture and Financial Services both favorably reported to the House H.R. 3633, the Digital Asset Market Clarity (CLARITY) Act (as amended). Both committees gave overwhelmingly...more
6/12/2025
/ CFTC ,
Consumer Financial Products ,
Cryptocurrency ,
Digital Assets ,
Financial Regulatory Reform ,
Financial Services Committee ,
Financial Services Industry ,
Government Agencies ,
Investment ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
6/11/2025
/ Administrative Appointments ,
Banking Sector ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Federal Reserve ,
Financial Regulatory Reform ,
Financial Services Industry ,
Fraud ,
New Legislation ,
Regulation X ,
Regulation Z ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
In a recent decision, the U.S. Court of Appeals for the Second Circuit clarified the expectations for furnishers when investigating consumer disputes under the Fair Credit Reporting Act (FCRA). In Suluki v. Credit One Bank,...more
6/5/2025
/ Appeals ,
Consumer Complaint Management ,
Consumer Financial Products ,
Credit Cards ,
Credit Reporting Agencies ,
Credit Reports ,
Fair Credit Reporting Act (FCRA) ,
Financial Services Industry ,
Identity Theft ,
Investigations ,
Lenders ,
Summary Judgment
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
6/4/2025
/ Consumer Financial Protection Bureau (CFPB) ,
Crypto Exchanges ,
Cryptocurrency ,
Data Breach ,
Digital Assets ,
Dodd-Frank ,
Enforcement Actions ,
Exchange-Traded Products ,
Financial Services Industry ,
Investment ,
PACE ,
Regulatory Reform ,
Regulatory Requirements ,
Section 1071 ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Violations ,
State and Local Government
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
5/29/2025
/ Administrative Resignation ,
Artificial Intelligence ,
CFTC ,
Commodities ,
Consumer Complaint System ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Dodd-Frank ,
Enforcement Actions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Open Banking ,
Popular ,
Regulatory Reform ,
Regulatory Requirements ,
RESPA ,
Stablecoins
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
5/21/2025
/ Administrative Resignation ,
Blockchain ,
CFTC ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
EFTA ,
Fair Credit Reporting Act (FCRA) ,
Final Rules ,
Financial Services Industry ,
Proposed Rules ,
Regulation AA ,
Regulatory Reform ,
Regulatory Requirements ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
SIPA
Yesterday, the Consumer Financial Protection Bureau (CFPB or Bureau) filed its decision to withdraw the proposed rule titled “Protecting Americans from Harmful Data Broker Practices (Regulation V)” in the Federal Register....more
5/15/2025
/ Consumer Financial Protection Bureau (CFPB) ,
Consumer Privacy Rights ,
Data Brokers ,
Deregulation ,
Fair Credit Reporting Act (FCRA) ,
Financial Regulatory Reform ,
Financial Services Industry ,
Proposed Regulation ,
Proposed Rules ,
Regulation V ,
Regulatory Reform ,
Regulatory Requirements ,
Rescission ,
Statutory Authority ,
Trump Administration
The Consumer Financial Protection Bureau (CFPB or Bureau) announced a significant shift in its enforcement priorities, choosing not to prioritize actions related to Buy Now, Pay Later (BNPL) loans under the Truth in Lending...more
5/9/2025
/ Buy Now Pay Later (BNPL) ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Enforcement Priorities ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Lenders ,
Loans ,
Military Service Members ,
Regulation Z ,
Small Business ,
Veterans
To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more
5/7/2025
/ Artificial Intelligence ,
Bitcoin ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Debt Collection ,
Enforcement Actions ,
FBI ,
FCC ,
Federal Trade Commission (FTC) ,
Financial Crimes ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinCEN ,
Layoffs ,
Proposed Rules ,
Robocalling ,
Scams ,
Securities Regulation ,
Trump Administration