One of the primary challenges with working in the U.S. financial services space is keeping up with the ever-changing federal and state regulatory landscape. Juggling the day-to-day fire drills while staying atop of regulatory...more
1/13/2025
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California ,
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Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
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Debt Collection ,
Fair Credit Reporting Act (FCRA) ,
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Financial Institutions ,
Financial Services Industry ,
Medical Debt ,
Payday Loans ,
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Small Business ,
TCPA
In January, New York Governor Kathy Hochul introduced a budget bill that proposed the headline-grabbing Buy Now Pay Later licensing regime. Less attention has been given to another proposed provision: adding a prohibition on...more
On February 13, 2024, the Minnesota legislature introduced H.F. 3680, a bill that proposes to opt out of federal interest rate preemption by federally insured state-chartered banks or credit unions making consumer loans in...more
Minnesota has expanded its fair lending statute to prohibit discriminating against a person in the extension of credit or in the requirements of obtaining credit because of gender identity. Prior to this amendment, the...more