On February 25, 2026, the Office of the Comptroller of the Currency (OCC) released a much anticipated notice of proposed rulemaking (“Proposal”) to implement the Guiding and Establishing National Innovation for U.S....more
3/9/2026
/ Banking Sector ,
Banks ,
Comment Period ,
Cryptocurrency ,
Digital Assets ,
FinTech ,
Notice of Proposed Rulemaking (NOPR) ,
OCC ,
Payment Systems ,
Proposed Rules ,
Regulatory Agenda ,
Regulatory Oversight ,
Regulatory Reform ,
Regulatory Requirements ,
Risk Management ,
Rulemaking Process ,
Stablecoins ,
The GENIUS Act
The California Department of Financial Protection and Innovation (DFPI) is sharpening its focus on the credit reporting ecosystem. On January 12, 2026, the DFPI issued a second invitation for public comment, seeking input on...more
2/3/2026
/ California ,
California Consumer Financial Protection Law (CCFPL) ,
Comment Period ,
Consumer Protection Laws ,
Consumer Reporting Agencies ,
Department of Financial Protection and Innovation (DFPI) ,
Fair Credit Reporting Act (FCRA) ,
Registration Requirement ,
Regulatory Oversight ,
Reporting Requirements ,
Rulemaking Process
California’s Department of Financial Protection and Innovation (“DFPI”) has recently taken concrete steps toward implementing S.B. 164, the Fair Investment Practices by Venture Capital Companies Law (the “California Diversity...more
2/3/2026
/ California ,
Compliance Dates ,
Data Collection ,
Department of Financial Protection and Innovation (DFPI) ,
Diversity and Inclusion Standards (D&I) ,
Filing Deadlines ,
Fund Managers ,
Investment Funds ,
New Legislation ,
Private Investment Funds ,
Registration Requirement ,
Regulatory Requirements ,
Reporting Requirements ,
Venture Capital
With the exponential growth of AI technologies, financial institutions must address algorithmic bias head on, as it is one of the most significant emerging issues in certain core activities, including credit underwriting,...more
1/27/2026
/ Algorithms ,
Artificial Intelligence ,
Bias ,
California ,
Consumer Financial Protection Bureau (CFPB) ,
Disparate Impact ,
Fair Lending ,
Financial Institutions ,
Financial Services Industry ,
Machine Learning ,
NYDFS ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Management
Morrison Foerster’s State and Local Government Task Force is pleased to provide our quarterly newsletter summarizing some of the most important and interesting developments from state attorneys general (“State AGs”) across...more
1/16/2026
/ Antitrust Litigation ,
Artificial Intelligence ,
California ,
CFTC ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Data Security ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Environmental Policies ,
Executive Orders ,
Federal Trade Commission (FTC) ,
Gaming Commissions ,
General-Business ,
Merger Controls ,
Mergers ,
New Legislation ,
New York ,
Plastics ,
Popular ,
Recycling ,
Settlement ,
State and Local Government ,
State Attorneys General ,
Toxic Chemicals ,
Unfair Competition
Beginning on December 8, 2025, the National Association of Attorneys General (NAAG) held its three‑day Capital Forum in Washington, D.C. Throughout the Forum, Attorneys General (AGs), their senior staff, federal officials,...more
1/14/2026
/ Antitrust Litigation ,
Antitrust Violations ,
Artificial Intelligence ,
Buy Now Pay Later (BNPL) ,
CFTC ,
Consumer Protection Laws ,
COPPA ,
Corporate Counsel ,
Enforcement Actions ,
Enforcement Priorities ,
Federal Trade Commission (FTC) ,
Fees ,
Mergers ,
Online Safety for Children ,
State Attorneys General ,
Unfair or Deceptive Trade Practices
On December 23, 2025, the Consumer Financial Protection Bureau (CFPB or “Bureau”) published an advisory opinion (the “2025 EWA Advisory Opinion”) concluding that certain earned wage access (EWA) programs do not constitute...more
1/7/2026
/ Advisory Opinions ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Consumer Protection Laws ,
Disclosure Requirements ,
Earned Wage Access ,
Interpretive Rule ,
New Guidance ,
Payroll Deductions ,
Regulation Z ,
Truth in Lending Act (TILA)
Earned wage access (EWA) products are increasingly reshaping the employer-employee relationship, with widespread adoption as well as regulatory scrutiny. EWA allows employees to obtain a portion of their accrued wages they...more
11/25/2025
/ California Consumer Financial Protection Law (CCFPL) ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Department of Financial Protection and Innovation (DFPI) ,
Earned Wage Access ,
Mandatory Arbitration Clauses ,
Military Lending Act ,
New Regulations ,
Popular ,
Regulation Z ,
Regulatory Oversight ,
Regulatory Requirements ,
Reporting Requirements ,
State Regulators ,
Truth in Lending Act (TILA)