Consumer Protection Updates – May 23, 2012

by BuckleySandler LLP on 5/23/2012

The federal government is increasing scrutiny of financial services companies’ practices affecting active military members, veterans and their families. Earlier this year, the CFPB along with the FTC, the Department of...more

by Ballard Spahr LLP on 5/22/2012

Last week, the American Banker reported that while the legislative “fix” to the CFPB privilege waiver problem is stalled in the Senate, an alternative version of the legislation is being circulated in Congress. This...more

by McAfee & Taft on 5/18/2012

Originally published in The Journal Record - May 17, 2012. At first glance, email marketing campaigns may appear to be an ideal way to market your business: A business that engages in an email marketing campaign can...more

by K&L Gates LLP on 5/18/2012

On May 9, 2012, the U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS or Agency) published a notice in the Federal Register requesting comments on the Agency’s revised draft guidance on the...more

by Loeb & Loeb LLP on 5/18/2012

The Consumer Financial Protection Bureau (CFPB) has launched the preliminary stage of its study into the use of mandatory arbitration clauses by issuing a Request for Information to the public asking for suggestions about how...more

by Patrick Malone & Associates P.C. | DC Injury... on 5/18/2012

Beauty’s only skin deep, they say, but ugly cuts to the bone. And by “ugly” we’re talking about the potential for cosmetics to have unattractive consequences. At least that’s the thinking behind the push for more...more

by Ballard Spahr LLP on 5/17/2012

The CFPB has announced that it will be holding a field hearing on prepaid cards in Durham, North Carolina on Wednesday, May 23, 2012. Director Cordray will be delivering remarks and testimony is expected from consumer and...more

by Ballard Spahr LLP on 5/17/2012

Two recent notices published by the CFPB in the Federal Register shed some light on the CFPB’s plans for testing the mortgage servicing disclosures it’s developing and for collecting information about the potential compliance...more