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Consumer Financial Products › Rulemaking Process › New Regulations

Orrick, Herrington & Sutcliffe LLP

NYDFS issues RFI concerning state Buy-Now-Pay-Later Act

Orrick, Herrington & Sutcliffe LLP on

On July 31, NYDFS issued a Request For Information (RFI) seeking responses by August 29 from entities whose activities may be covered by the Buy-Now-Pay-Later (BNPL) Act, as well as from any other interested parties. NYDFS is...more

Ballard Spahr LLP

CFPB will not issue revised BNPL rule

Ballard Spahr LLP on

Having previously announced that it was withdrawing its Buy Now, Pay Later rule, the CFPB recently said that it does not intend to issue a revised rule....more

Ballard Spahr LLP

Final regulations implementing New York student loan servicing law effective Oct. 16

Ballard Spahr LLP on

Final regulations adopted by the New York Department of Financial Services (NYDFS) to implement the state’s new student loan servicing law became effective on October 16, 2019 upon the publication by the NYDFS of a Notice of...more

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