News & Analysis as of

Fees European Free Trade Association

California Court Rejects Attempt to Overturn Judgement Based on Spokeo

by Carlton Fields on

A defendant who lost a bench trial in a certified class case alleging that it violated the Electronic Funds Transfer Act by forcing the plaintiff and class to use electronic funds transfer services to obtain loans sought to...more

CFPB Extends Comment Deadline for Proposed Temporary Exemption to Remittance Rule

by Goodwin on

The CFPB extended the comment period on proposed revisions to its remittance transfer rule that were previously issued in April 2014. The comment period was set to expire on May 27, 2014, and will instead now end on June 6,...more

Seventh Circuit Says “Smallness” Is Not a Bar to Class Certification

by BakerHostetler on

In what it describes as an effort to advance the law of class certification, the Seventh Circuit last week issued a decision, written by Judge Posner, that many would say does just the opposite. ...more

Burr Alert: Consumer Financial Protection Bureau Amends Regulation E And Regulation Z

by Burr & Forman on

In late March, the Consumer Financial Protection Bureau ("CFPB") issued final rules amending Regulation E, 12 C.F.R. § 1005.16, which implements the Electronic Fund Transfer Act, 15 U.S.C. § 1693 et seq. ("EFTA"), and...more

CFPB Finalizes ATM Disclosure Rule Changes

On March 21, the Bureau of Consumer Financial Protection finalized a rule implementing the ATM placard legislation that was signed into law last December. In December 2012, Congress passed and the President signed legislation...more

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Cybersecurity

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