In This Issue:

- Recent Cases

..CFPB Involvement in Litigation

..Say-On-Pay Voting

..Constitutional Challenges to Dodd-Frank

..TILA Rescission

..Dodd-Frank Amendment to the Securities and Exchange Act

..Preemption

..Challenges to Delay in Issuance of Volcker Rule Regulations

- News & Developments

..CFPB to Hold Field Hearing on Credit Cards

..CFPB Amends Mortgage Rules

..CFPB Warns Employers Who Use Payroll Cards

..CFPB Issues Bulletin Regarding Duties of Information Furnishers

..Basel Committee Issues Derivatives Framework

..Six Federal Agencies Revise Proposed Rule on Securitization Transactions

..CFPB Issues Summer 2013 Supervisory Highlights

..Federal Reserve Board Issues Final Rule on Annual Assessments

..FHA Issues Guidance Related to Borrower’s Credit History

..CFPB Amends Regulation E

..OCC Revises Lending Limits Rule

..CFTC Issues Final Rule Exempting Cooperatives From Swaps Clearing Rules

..CFPB Updates Exam Procedures

..CFPB Issues Small Business Guide to Remittance Transfer Rule

..Federal Reserve Board Releases Report on Prepaid Cards

- About The Editors

- Excerpt from CFPB Involvement in Litigation:

Delgado v. Capital Management Services, LP, Case No. 13-2030 (7th Cir. Aug. 14, 2013) -

The FTC and CFPB recently filed an amici curae brief supporting the U.S. District Court for the Central District of Illinois’s decision denying defendants’ motion to dismiss Plaintiff Juanita Delgado’s Fair Debt Collection Practices Act (“FDCPA”) claims.

Please see full Newsletter below for more information.

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Topics:  Basel Committee, CFPB, CFTC, Credit Cards, Derivatives, Dodd-Frank, Federal Reserve, FHA, Mortgages, OCC, Payroll Cards, Preemption, Prepaid Payment Products, Regulation E, Remittance Transfer Rule, Rescission, Say-on-Pay, Securities Exchange Act, Small Business, Swaps, TILA, Volcker Rule

Published In: General Business Updates, Consumer Protection Updates, Finance & Banking Updates, Residential Real Estate Updates, Securities 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.

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