NAFCU and other financial industry trade groups Wednesday called on the CFPB to delay the submission deadline of its Terms of Credit Card Plans (TCCP) survey, which is currently set for today, and provide credit card issuers with clarity on longstanding questions. The bureau in March updated the survey to provide consumers with more information related to interest rates.
On July 1, Colorado will join four other states as its comprehensive privacy law, the Colorado Privacy Act (CPA), goes into full effect. The CPA imposes significant new obligations for businesses and nonprofit organizations that come under its umbrella, as well as the possibility of substantial fines for lack of compliance.
The California Department of Financial Protection and Innovation (DFPI) announced an extension to the proposed comment period for Covered Person Registration Rulemaking. The comment period, initially set to end on April 12, 2023, has now been extended to May 17, 2023.
JACKSONVILLE, Fla.--(BUSINESS WIRE)--VyStar Credit Union announced today its intent to pursue a merger with 121 Financial Credit Union. Both headquartered in Jacksonville, Florida, the credit unions have more than 150 years of combined experience serving their members and communities. The transaction is expected to close later this year pending regulatory and member approval as well as standard closing conditions.
OAKLAND — Attorney General Rob Bonta today co-led a multistate coalition in submitting comments supporting the Federal Trade Commission's (FTC) proposed rule to eliminate non-compete clauses in employment contracts in most circumstances. In a letter sent today to Federal Trade Commission Chair Lina Khan, Attorney General Bonta joined 17 states in supporting a federal rule limiting non-competes.
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