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April

16
2024
Industry News

Federal Government Requests Public Input on Comment and Rulemaking Processes

Led by the Office of Management and Budget, the effort is an opportunity for stakeholders to express their priorities for government processes.

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April

16
2024
Industry News

CFPB Updates Supervision Designation Procedures

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) issued a procedural rule to update how the agency designates a nonbank for supervision. The updates will streamline the designation proceedings for both the CFPB and nonbanks.

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April

16
2024
Trends

States Tighten Data Privacy Laws In Response to Evolving Digital Challenges

California’s landmark privacy legislation, the California Consumer Privacy Act (CCPA), which grants consumers the legal authority to instruct businesses not to sell their data, has entered a new phase of enforcement.

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April

16
2024
Trends

Scammers follow the news about student loan forgiveness

Hearing a lot about federal student loan forgiveness in the news? You’re not alone — scammers are, too. You might get a call from someone saying they’re affiliated with Federal Student Aid (FSA) or the Department of Education. (They’re not.) They’ll say they’re following up on your eligibility for a new loan forgiveness program, and might even know things about your loan, like the balance or your account number.

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April

16
2024
Industry News

Powers Combined: FTC Report Recommends Enhanced Collaboration With State AGs

“Today’s consumer protection challenges require an all-hands-on-deck response, and our report details how the FTC is working closely with state enforcers to share information, stop fraud, and ensure fairness in the marketplace[.]

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