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Thomas I. Elkind

Thomas I. Elkind

Foley & Lardner LLP


Latest Publications

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CFPB Zeroes in on Payday Loans

During the past year, the CFPB has engaged in an in-depth review of short term and small dollar loans, specifically payday loans extended by non-depository institutions and deposit advance products offered by depository...more

5/3/2013 - CFPB Deposit Advances Lenders Payday Loans

Court Limits Use of Zip Codes in Massachusetts Credit Card Transactions

In a recent decision, Tyler v. Michaels Stores, Inc., the Massachusetts Supreme Judicial Court held that zip codes are “personal identification information” and that a merchant asking for that information during a credit card...more

4/1/2013 - Credit Cards Data Collection Data Protection Personally Identifiable Information Retailers ZIP Codes

Zip Code Requests Off-Limits in Massachusetts Credit Card Transactions

In a recent decision, Tyler v. Michaels Stores, Inc., the Massachusetts Supreme Judicial Court held that zip codes are “personal identification information” and that a merchant asking for that information during a credit card...more

3/21/2013

Penalties Getting Tougher for Wayward Financial Institutions

Senator Elizabeth Warren wants regulators to take more banks accused of financial misconduct to trial instead of settling with them before trial. But she is not the only one in Washington looking for ways to send a message to...more

2/25/2013 - Banks DOJ Foreign Banks Libor RBS UBS

CFPB Proposes Revisions to Rules on International Money Transfers by Consumers

The Consumer Financial Protection Bureau (CFPB) recently issued proposed changes to the rule it originally proposed on January 20, 2011, governing certain electronic money transfers by consumers that was required by the...more

1/18/2013 - CFPB Disclosure Requirements Dodd-Frank Foreign Tax Remittance Transfer Rule

Winter 2013 Eye on China Newsletter

Legal News: Eye on China Quarterly Newsletter offers companies helpful insight as they successfully navigate China’s complex and ever-changing legal and regulatory environment. In this issue, we focus on the following...more

1/4/2013 - Arbitration China Counterfeiting Discovery Enforcement Registration Trade Secrets

National Mortgage Database Formed

The Consumer Financial Protection Bureau (“CFPB”) and the Federal Housing Finance Agency (FHFA”) have agreed to jointly produce a National Mortgage Database containing detailed mortgage loan information....more

12/17/2012 - CFPB FHFA Loans Mortgages National Mortgage Database

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