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Consumer Financial Products › Data Protection › Regulatory Requirements

Nelson Mullins Riley & Scarborough LLP

FTC Guidance Confirms OEMs Are Not “Service Providers” to Dealers Under Safeguards Rule

Nelson Mullins Riley & Scarborough LLP on

Recently issued guidance from the Federal Trade Commission (FTC) addresses frequently asked questions about the application of the agency’s Safeguards Rule, 16 C.F.R. § 314.1 et seq., to new car dealers since the 2023...more

Troutman Pepper Locke

CFPB Highlights Fair Lending Risks in Advanced Credit Scoring Models

Troutman Pepper Locke on

Last week, the Consumer Financial Protection Bureau (CFPB or Bureau) released its latest Supervisory Highlights report, focusing on the use of advanced technologies in credit scoring models. ...more

Cadwalader, Wickersham & Taft LLP

CFPB and FTC Take Aim at Bevy of Data Practices

Cadwalader, Wickersham & Taft LLP on

In the heat of summer, the nation’s top consumer protection agencies have issued startling and transformative statements and rules regarding data practice.  First up, the Consumer Financial Protection Bureau issued a...more

Bricker Graydon LLP

FTC announces new and improved data security guidance

Bricker Graydon LLP on

On January 6, 2020, Andrew Smith, Director of the Federal Trade Commission (FTC) Bureau of Consumer Protection, announced three significant improvements to the FTC’s approach to data security enforcement cases....more

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