We have posted several new topics to the Consumer Financial Services Law Monitor blog throughout the month of August. To read further, click on the titles below:


Featured Posts/Client Alerts

Troutman Pepper Weekly Consumer Financial Services Newsletter

Practice Point: Tips for Oral Argument in Consumer Litigation

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Pepper Weekly Consumer Financial Services Newsletter

Eleventh Circuit Denies Rehearing of Decision Holding Class Incentive Awards Unlawful

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Pepper Weekly Consumer Financial Services Newsletter


Podcasts

Troutman Pepper Weekly Consumer Financial Services Newsletter

Practice Point: Tips for Oral Argument in Consumer Litigation

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Pepper Weekly Consumer Financial Services Newsletter

Eleventh Circuit Denies Rehearing of Decision Holding Class Incentive Awards Unlawful

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Pepper Weekly Consumer Financial Services Newsletter


Mortgage Lenders + Servicers

DOJ Settles Servicemembers Civil Relief Act Complaint In Latest “Vigorous” Enforcement Action


Consumer Financial Protection Bureau (CFPB)

Banking Groups Challenge CFPB’s RFI on Customer Service

CFPB Turns Its Attention to Data Security – Seven Industry Practices You Need to Know Now

CFPB Rules Digital Marketers Must Comply with Consumer Financial Protection Laws

Banking Groups Oppose CFPB’s Proposed Changes to Credit Card Late Fee Safe Harbor

CFPB Prioritizing Enforcement Over Education

According to Banking Industry Groups, CFPB Should Supervise Data Aggregators


TCPA

Anti-Robocall Litigation Task Force Targets Facilitators of Foreign Illegal Robocalls


Class Actions

Ninth and Eleventh Circuit Agree: Class Members With No Injury = No Class Settlement Approval

Eleventh Circuit Requires Standing for All Class-Action Members, Decertifying TCPA Class Settlement


Debt Buyers + Collectors

Court Denies Motion to Dismiss FDCPA Suit Based on Pleadings Statements of a Previous Lawsuit


FTC

No Comment Period Extension on FTC Proposed Motor Vehicle Dealers Trade Regulation Rule

Merchants Are Now Consumers? FTC Settles Action Against Payment Processor After Alleging Its Merchants Are “Consumers”


Credit Reporting + Data Brokers

Federal Agencies Instructed to Minimize Effect of Medical Debt in Loan Considerations

Third Circuit Adopts “Reasonable Reader” Standard for Evaluating Whether a Credit Report Is Inaccurate or Misleading


Privacy + Cybersecurity

New York Department of Financial Services Proposes Amendments to Its Cybersecurity Regulation

Proposed New Data Security Rules Could Prove Duplicative, Forcing Banks to Turn Over Dangerous Amounts of Secured Data


Cryptocurrency

FDIC Takes Action to Stop Cryptocurrency Companies from Making False or Misleading Representations About Deposit Insurance

Under the Fed’s Tiered System, Requests for Master Account Access by Cryptocurrency Companies Will Be Subject to the Strictest Scrutiny