07.05.18
Reversing prior precedent that prevented collecting sales tax from Internet retailers that do not have a physical presence in the state, the 5-4 Supreme Court said the case law didn’t reflect the current reality.
Consumer lenders doing business in California will be subject to the new consumer privacy requirements by 2020, under California’s version of the General Data Protection Regulation (GDPR).
The future of the Bureau of Consumer Financial Protection (CFPB) remains uncertain, as the nomination of a permanent director turned controversial, and a New York federal court ruled its structure unconstitutional.
In another news-heavy cycle, the Bureau of Consumer Financial Protection (CFPB) released a report on year-end credit card borrowing, dropped a potentially major RESPA-based investigation on co-marketing practices, and reached two major settlements.
Concerns about “regulation by enforcement” continue to make headlines as Rep. Blaine Luetkemeyer (R-Missouri) reached out to federal financial regulators to encourage a halt to this “unsettling trend.”
The California Department of Business Oversight (DBO) released a pair of reports on installment consumer lending for 2017, finding that the combined dollar amount of installment consumer loans by nonbanks in the state fell almost 10 percent over the prior year.
In testimony before both houses of Congress, Office of the Comptroller of the Currency (OCC) Comptroller Joseph M. Otting shared with lawmakers his priorities for the federal bank regulatory agency.
06.28.18
Marking its 89th decision, the Online Interest-Based Advertising Accountability Program released two decisions addressing the issue of transparency.
In an effort to protect the rights of his “instantly famous” infant son, DJ Khaled filed a new lawsuit in New York federal court against a company attempting to register trademarks of his son’s name.
Can a defendant dodge liability for false advertising by arguing that the plaintiff failed to allege she paid more for the product at issue than it was actually worth?