• 05.22.19

    Healthcare Advertising: Understanding the FTC’s Role and Regulations

    Keeping patients well informed is a core principle of American healthcare policy, and advertising plays an important role in getting important information out to the public.

  • 05.22.19

    Court Again Rejects Medicare Part B Cuts for 340B Drugs

    On May 5, a federal district court judge ruled in favor of the hospital industry plaintiffs that sued the Department of Health and Human Services (HHS) for including in the 2019 Hospital Outpatient Prospective Payment System (HOPPS) rule a nearly 30% reduction in Medicare Part B reimbursement for ...

  • 05.22.19

    CFPB News: Donoghue Resigns, Enforcement Efforts, Constitutionality Affirmed

    In Consumer Financial Protection Bureau (CFPB or Bureau) news, there’s a major shakeup at the Bureau after Kristen Donoghue, a former Richard Cordray appointee who joined the CFPB back in 2011, resigned as the Bureau’s enforcement chief.

  • 05.22.19

    Federal Reserve, FDIC Enforcement Efforts

    In recent enforcement actions, the Board of Governors of the Federal Reserve System announced an order with a Japanese bank over weaknesses with respect to its New York branch’s Bank Secrecy Act / anti-money laundering (BSA/AML) and U.S. sanctions compliance programs and internal controls.

  • 05.22.19

    New DFS Office To Tackle Consumer Protection

    There’s yet another state CFPB, and this one could be significant. Joining Pennsylvania’s earlier effort, the New York Department of Financial Services (DFS) has just created a new office, the Consumer Protection and Financial Enforcement Division.

  • 05.22.19

    NY Federal Court: OCC Fintech Charters in Jeopardy

    In a surprising decision, a New York federal district court not only refused to dismiss the New York Department of Financial Services’ (DFS) challenge to the Office of the Comptroller of the Currency’s (OCC) plans to issue special purpose national bank (SPNB) charters to fintech ...

  • 05.22.19

    State AGs, ABA Back Bill On Financial Services For Cannabis

    Support continues to build for the Secure and Fair Enforcement (SAFE) Banking Act, with a coalition of 38 state and territorial Attorneys General as well as the American Bankers Association (ABA) writing to lawmakers to urge passage of the bill.

  • 05.22.19

    FinCEN Provides Guidance On Cryptocurrency

    The Financial Crimes Enforcement Network (FinCEN) has released new guidance on cryptocurrency, an attempt to “provide regulatory certainty for businesses and individuals” engaged in the burgeoning field of financial activity.

  • 05.22.19

    Possibility of Vicarious Liability for Lenders in Ninth Circuit

    In another case involving agency liability, the U.S. Court of Appeals for the Ninth Circuit ruled that while the owner of a student debt is not per se liable for violations committed by a loan servicer it engages, it may be liable if an agency relationship exists based on traditional agency ...

  • 05.16.19

    FTC Actions Emphasize Data Security

    In the most recent Federal Trade Commission (FTC) actions alleging data security violations, the agency settled with an online rewards website and a dress-up games website over allegations that the sites failed to take reasonable steps to secure consumers’ data.

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