On Jan. 11, 2023, the Consumer Financial Protection Bureau (“CFPB”) issued a proposed rule that would require nonbanks under its supervisory authority, subject to limited exceptions, to annually register information about their use of certain terms and conditions in nonnegotiable form contracts that seek to waive or limit consumer rights and legal protections.
Legend has it that in 390 BC, the Romans were forewarned of the Gaul’s impending attack by a simple, highly sophisticated protection system—honking geese. Today, amid the dizzying speed of digitization, our world has grown infinitely more complex. With every innovation and digital transformation effort, there are equally skilled and well-capitalized adversaries looking to exploit those advancements to make an easy buck.
The recent rapid and spectacular collapse of the crypto company FTX has clearly shown—again—the fiction and lawlessness of the crypto industry, as did other dramatic crypto-related events this year, including:
In Laccinole v. MRS BPO, LLC, the United States District Court for the District of Rhode Island denied a frequent pro se plaintiff’s multiple lawsuit attempt at pursuing relief against the same company under the Fair Debt Collection Practices Act (FDCPA).
A new proposed rule from the Federal Trade Commission seeks to ban employers’ noncompete agreements and rescind existing agreements in an effort to increase wages and expand career opportunities for workers in the U.S.
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