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Consumer Financial Products New Legislation Reporting Requirements

Troutman Pepper Locke

Louisiana Becomes Latest State to Pass EWA Legislation

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Louisiana has enacted a new Earned Wage Access (EWA) law, effective August 1, 2025. Sponsored by Representative Vinney St. Blanc, HB 368 introduces a comprehensive compliance framework for EWA providers, marking a pivotal...more

Orrick, Herrington & Sutcliffe LLP

Illinois enacts a new virtual currency kiosk consumer protection act

On August 18, Illinois enacted SB 2319, creating the Virtual Currency Kiosk Consumer Protection Act. The law imposes new requirements on virtual currency kiosk operators, including consumer disclosures, anti-fraud policies,...more

Ballard Spahr LLP

Louisiana earned wage access law goes into effect

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An earned wage access (EWA) law has gone into effect in Louisiana. The legislation, passed earlier this year, became law without the signature of Gov. Jeff Landry....more

Troutman Pepper Locke

California Joins War on Fees With Passage of S.B. 666

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On October 13, California Governor Gavin Newsom signed into law Senate Bill 666, which amends the California Financing Law to prohibit a covered entity from charging certain fees in connection with a commercial financing...more

Ballard Spahr LLP

New York passes sweeping legislation impacting student loan servicers

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On April 1, 2019, New York enacted Article 14-A, governing servicers of student loans owed by New York residents, in connection with New York’s fiscal year 2020 budget....more

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