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April

19
2024
Industry News

NCUA Board Approves Advance Notice of Proposed Rulemaking on Records Retention

ALEXANDRIA, Va. (April 18, 2024) – The National Credit Union Administration Board held its third open meeting of 2024 and unanimously approved an advance notice of proposed rulemaking(Opens new window) that solicits stakeholder comments on ways the agency can improve and update its records preservation program regulations and accompanying guidelines in Part 749 and other parts of the NCUA’s rules and regulations.

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April

19
2024
Industry News

Washington State Collection Agency Board Seeks General Public Member

The Washington State Collection Agency Board is currently accepting applications for a general public member to join the board. Members of the public may apply for a board or commission at any time, regardless of whether there is a current or upcoming vacancy, as vacancies occur periodically throughout the year.

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April

19
2024
Industry News

CFPB Levels Up: Consumer Risks in Gaming Draws Regulatory Scrutiny

If you thought virtual reality was free from real-world regulations, think again. On April 4, 2024, the CFPB released an Issue Spotlight that dives deeply into a realm the agency had not previously traversed—video games and virtual worlds.

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April

19
2024
Industry News

CHARGES: WESTERN PA. TOW TRUCK OPERATOR INFLATED COSTS, CHARGED 27 VEHICLE OWNERS NEARLY $300K FOR SHORT-TRIP TOWS

HARRISBURG — Attorney General Michelle Henry, along with the Allegheny County Police Department, announced charges against the owner of a Pittsburgh-based towing company for inflating tow costs by charging “accident services” fees and other deceptive practices.

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April

19
2024
Industry News

Brown, Reed Push Big Banks to Protect Consumers from Wire Fraud

WASHINGTON, D.C. – Today, U.S. Senators Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, and Jack Reed (D-RI), a senior member of the Senate Banking and Housing Committee, are pushing the nation’s four largest banks to protect consumers from costly and damaging wire fraud.

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