Advertising News & Analysis - May 31, 2012

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In this issue:

- FDA Rejects “Corn Sugar” Rebranding for High - Fructose Corn Syrup

- RealNetworks’ “Free Trial” Charges Result in $2.4 Million Washington AG Settlement

- CFPB Launches Nonbank Supervision Rulemaking

- CA Class Action Representatives Hit with $1.4 Million in Defendant's Attorneys' Fees

- Upcoming Events

An excerpt from "CFPB Launches Nonbank Supervision Rulemaking"

On May 24, the Consumer Financial Protection Bureau (CFPB) proposed a rule that will set up a process to supervise nonbanks that may have engaged in activities that pose risks to consumers, writes Venable attorney Jonathan L. Pompan in a recent article. The proposed rule sets out procedures to notify a nonbank that it is being considered for supervision because the CFPB may have reasonable cause to determine that it poses risks to consumers in connection with offering or providing a consumer financial product or services.

Please see full newsletter below for more information.

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Published In: Administrative Agency Updates, Civil Remedies Updates, Communications & Media Updates, Consumer Protection Updates, Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Venable LLP | Attorney Advertising

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