Regulatory Compliance

Consumer Financial Protection Bureau Rescinds 2020 Abusive Acts Policy Statement
Consumer Financial Protection Bureau Rescinds 2020 Abusive Acts Policy Statement

Consumer Financial Protection Bureau Rescinds 2020 Abusive Acts Policy Statement

On March 11, 2021, the Consumer Financial Protection Bureau rescinded its “Statement of Policy Regarding Prohibition on Abusive Acts or Practices” announced in January 2020. The Statement attempted to clarify uncertainty surrounding the Bureau’s exercise of its abusiveness jurisdiction. However, new Bureau…

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2560 1707 Josh Stevens
New York’s Expansive Auto Renewal Law Takes Effect in 2021
New York’s Expansive Auto Renewal Law Takes Effect in 2021

New York’s Expansive Auto Renewal Law Takes Effect in 2021

In November, New York State enacted an extensive auto renewal law (ARL). Taking effect on February 9, 2021, New York’s ARL covers contracts that include an automatic renewal for a subsequent period at the end of the term. Businesses offering automatically renewing…

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2560 1707 Josh Stevens
BREAKING: CFPB Releases Long Awaited Debt Collection Rules
BREAKING: CFPB Releases Long Awaited Debt Collection Rules

BREAKING: CFPB Releases Long Awaited Debt Collection Rules

Following its multi-year rulemaking process, the Consumer Financial Protection Bureau (CFPB) today released its long-awaited rules regarding debt collection acts and practices under the Fair Debt Collection Practices Act. Coming in at over 600 pages, the

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1200 798 Josh Stevens
California Governor Signs Legislation to Create “Mini-CFPB” and License Debt Collectors
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California Governor Signs Legislation to Create “Mini-CFPB” and License Debt Collectors

On September 25, California Governor Gavin Newsom

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1200 798 Nick Whisler
Who Is Nathan Simington? Trump Nominates New FCC Commissioner
Who Is Nathan Simington? Trump Nominates New FCC Commissioner

Who Is Nathan Simington? Trump Nominates New FCC Commissioner

On September 16th, President Trump nominated Nathan Simington to fill a vacancy on the Federal Communications Commission after withdrawing Michael O’Rielly’s nomination to serve another term on the Commission. Simington is currently an adviser for the National Telecommunications and Information Administration (NTIA),…

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1200 798 Josh Stevens
The U.S. Supreme Court Rules CFPB Leadership Structure Unconstitutional
The U.S. Supreme Court Rules CFPB Leadership Structure Unconstitutional

The U.S. Supreme Court Rules CFPB Leadership Structure Unconstitutional

On June 29, the Supreme Court issued a decision in

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1200 798 Mac Murray & Shuster
Class Action Against Walmart For Overcharging Meat Prices Still Cooking After Motion to Dismiss Denied
Class Action Against Walmart For Overcharging Meat Prices Still Cooking After Motion to Dismiss Denied

Class Action Against Walmart For Overcharging Meat Prices Still Cooking After Motion to Dismiss Denied

Walmart’s motion to dismiss class action claims brought against it for allegedly overcharging consumers for reduced-price weighted goods, such as beef, poultry, and pork, was recently denied in the U.S. District Court, Southern District of Florida. Plaintiff Vassilios Kukorinis is seeking remedy…

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1200 798 Josh Stevens
Attorneys General Urge Passage of SAFE Banking Act as Part of COVID-19 Relief
Attorneys General Urge Passage of SAFE Banking Act as Part of COVID-19 Relief

Attorneys General Urge Passage of SAFE Banking Act as Part of COVID-19 Relief

On May 19th, a coalition of thirty-four state attorneys general led by Colorado AG Phil Weiser urged Congress to pass the Secure and Fair Enforcement (“SAFE”) Banking Act as part of upcoming COVID-19 relief legislation. The bipartisan group includes attorneys general, such…

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1200 798 Mac Murray & Shuster
Clashing Circuit Court Opinions Bring Viability of Nationwide Class Actions into Question
Clashing Circuit Court Opinions Bring Viability of Nationwide Class Actions into Question

Clashing Circuit Court Opinions Bring Viability of Nationwide Class Actions into Question

Perhaps the most consequential debate being waged over the future of class action litigation is whether nationwide class-action lawsuits will continue to be permitted against defendants who are neither based nor incorporated in the state in which a suit is brought. The…

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1200 798 Mac Murray & Shuster
Coronavirus: How Can Businesses and Employees Move Forward?
Coronavirus: How Can Businesses and Employees Move Forward?

Coronavirus: How Can Businesses and Employees Move Forward?

As states begin to lift stay at home orders and reopen their economies, many employers are wondering what it means for their businesses. States are encouraging businesses to open in a way that makes employees and customers feel safe. While the transition…

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1200 798 Erica Hollar
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