In Case You Missed It: Consumer Financial Services Law Monitor — October in Review
Our team published new content and podcasts to the Consumer Financial Services Law Monitor throughout the month of October. To catch up on posts you may have missed, click on the links below:
CONSUMER FINANCIAL PROTECTION BUREAU (CFPB)
CFPB Launches Rulemaking to "Jumpstart" Open Banking
CFPB Advises Large Banks on Compliance with CFPA § 1034(c)
Supreme Court Hears Arguments on Challenge to CFPB’s Funding Structure
October 11 Was a Red-Letter Day in the Growing Federal-State War on Fees
Federal Agencies Finally Weigh in on Immigration Status in Credit Underwriting
FAIR CREDIT REPORTING ACT (FCRA)
CFPB Extends Deadline for FCRA Rulemaking Feedback by One Week
REGULATORY ENFORCEMENT + COMPLIANCE
TransUnion Settles for $15 million with CFPB and FTC Over Tenant Screening Reports
SEC's 2024 Examination Priorities: Implications for Consumer Financial Services
Connecticut Banking Regulator Reduces Fine Against Defunct Collection Firm
California Finalizes Amendments to Student Loan Servicing Act
FAIR DEBT COLLECTION PRACTICES ACT (FDCPA)
Letter Vendor Claim Remanded to State Court for Lack of Standing
DEBT BUYERS + COLLECTORS
NYC Department of Consumer and Worker Protection Proposes Amendments to Debt Collection Rules
TELEPHONE CONSUMER PROTECTION ACT (TCPA)
New Federal District Court Decision Allows Secondary Liability Theory Under TCPA to Proceed
PRIVACY + CYBER
FTC Amends Safeguards Rule to Require Reporting of Data Breaches
California Takes an Aggressive Approach to Regulating Data Brokers
BANKING
Lenders Take Note: Federal Banking Agencies Issue Long-Awaited Community Reinvestment Act Final Rule
Amici Tell Fourth Circuit that District Court Ruling Imperils Funds Transfer Laws
CRYPTO
SEC Dismisses Ripple Labs Executives After Losing Bid for Interlocutory Appeal
STATE ATTORNEYS GENERAL
Washington AG Ordered to Pay $4.3M in Attorney's Fees and Costs to Thrift Store Chain
PODCASTS
The Consumer Finance Podcast: Bank Investigations and Enforcement Actions: Lessons Learned
Payments Pros Podcast: Chronic Payments: Unraveling the Complexities of Cannabis Banking
Payments Pros Podcast: Unraveling the Legal Threads: A Deep Dive Into Earned Wage Access