News & Analysis as of

Reporting Requirements Consumer Financial Products Licensing Rules

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

New York passes sweeping legislation impacting student loan servicers

Ballard Spahr LLP on

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

Ballard Spahr LLP

Wisconsin Using the NMLS Uniform Authorized Agent Reporting

Ballard Spahr LLP on

On February 1, 2018, the Wisconsin Department of Financial Institutions started using the NMLS Uniform Authorized Agent Reporting (UAAR) functionality to fulfill agent reporting requirements....more

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