Newsletters

02.28.19

Gambling on a DOJ Reversal

Finding “no good reason” for the recent opinion from the Department of Justice reversing course with regard to the application of the Wire Act to online gambling, a pair of state attorneys general (AGs) urged that the new opinion be withdrawn.


02.28.19

From Feds to States, Privacy Laws Make Headlines

Privacy laws remain in the headlines, with a call from the Government Accountability Office for a federal bill and states proposing measures that echo the California Consumer Privacy Act (CCPA).


02.28.19

Parties Brew Settlement in False Ad Suit Over Beer’s Location

To resolve allegations that Asahi Beer deceptively marketed its beverages as being brewed in Japan—when in reality the beer was made in Canada—the company agreed to pay up to $10 per class member in a settlement agreement.


02.27.19

Calling California Employers: On-Call Shifts May Trigger Reporting Time Pay

An employer’s on-call scheduling practice triggered the reporting time pay requirements of California’s Wage Order 7, an appellate court in the state recently held, reversing dismissal of the suit.


02.27.19

CFPB News: Short-Term Lending, Enforcement Concerns, Disclosure Sandbox

Short-term lending remains in the news at the Consumer Financial Protection Bureau (CFPB or Bureau), with the CFPB proposing to rescind key ability-to-repay provisions of a much-debated payday lending rule and with the announcement of a $100,000 enforcement action settlement with a short-term ...


02.27.19

Data Security News: New Federal Privacy Bill?

Are we about to see some bipartisan legislation to improve privacy and data security?


02.27.19

Smoke Signal From Congress: Movement on Cannabis Banking?

Lawmakers recently met to consider cannabis banking, discussing two different bills that have been introduced to solve the problem of providing financial services to an industry that operates under a cloud imposed by federal law.


02.27.19

CRA Reforms Move Forward

Joint rulemaking on CRA reform may finally be in the works, including amendments tailored to the vastly changed environment since its passage.


02.27.19

State Regulators Move to Streamline Fintech Regulation

State regulators have reached an agreement on multistate licensing and supervision standards for the financial technology industry, drawing from recommendations made by a group of several dozen fintech companies.


02.27.19

New ‘White Collar’ Salary Thresholds Expected Imminently

In 2016, the U.S. Department of Labor issued a “final rule,” which, among other changes, would have increased from $455 per week ($23,660 per year) to $913 per week ($47,476 per year) the minimum salary threshold required in order to consider whether an employee may be exempt under the ...