The United States is navigating a new era of regulatory oversight and the balance of power between federal and state regulators following the 2024 election cycle. As federal agencies retreat from and/or realign their...more
7/28/2025
/ Advertising ,
Antitrust Violations ,
Artificial Intelligence ,
Consumer Financial Products ,
Corporate Counsel ,
Data Privacy ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
Gaming ,
Life Sciences ,
Machine Learning ,
Marketing ,
Merger Controls ,
Most-Favored Nations ,
New Legislation ,
Regulatory Reform ,
State Attorneys General
New York City Comptroller Brad Lander released a report titled “Standing Up for New York Consumers – How New York State and New York City can Strengthen Consumer Financial Protection in the Trump Era,” which called for the...more
7/7/2025
/ Banking Sector ,
Comptroller ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Financial Regulatory Reform ,
Financial Services Industry ,
New York ,
Non-Bank Lenders ,
Proposed Legislation ,
Regulatory Reform ,
State and Local Government ,
Trump Administration
Indiana and Maryland became the most recent states to enact legislation regulating earned wage access (EWA) services, with Indiana passing House Enrolled Act 1125 on May 6, and Maryland passing House Bill 1294 on May 20....more
On March 7, Arizona Attorney General (AG) Kristin Mayes filed a novel lawsuit alleging consumer fraud and racketeering against numerous entities, individuals, and even law firms and title companies involved in the residential...more
3/27/2025
/ Consumer Bankruptcy ,
Consumer Fraud ,
Enforcement Actions ,
Financial Services Industry ,
Foreclosure ,
Fraud ,
Homeowners ,
Mortgages ,
Professional Misconduct ,
Purchase Agreement ,
Racketeering ,
Residential Real Estate Contracts ,
State Attorneys General ,
Title Companies ,
Underwater Homeowners ,
Unfair or Deceptive Trade Practices
On March 11, New Jersey Attorney General (AG) Matthew Platkin and the New Jersey Division on Civil Rights (DCR) announced that DCR issued a finding of probable cause against Advance Funding Partners/Same Day Funding (Advance...more
3/17/2025
/ Consumer Financial Products ,
Consumer Lenders ,
Discriminatory Lending Practices ,
Employment Discrimination ,
Enforcement Actions ,
Equal Protection ,
Fair Lending ,
Financial Institutions ,
Financial Services Industry ,
Hostile Environment ,
Loan Applications ,
New Jersey ,
Probable Cause ,
Race Discrimination ,
Regulatory Violations ,
Retaliation ,
State Attorneys General ,
Whistleblowers
Given the future uncertainty of the Consumer Financial Protection Bureau’s (CFPB) efforts to regulate bank overdraft fees, New York’s Department of Financial Services (DFS) has stepped in to fill a perceived gap. The DFS...more
2/7/2025
/ Banks ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Financial Institutions ,
Financial Services Industry ,
New York ,
NYDFS ,
Overdraft Fees ,
Proposed Rules ,
Regulatory Agenda ,
Unfair or Deceptive Trade Practices