Student loan servicers should prepare for heightened regulation with the passage of a new law in New York and new regulations in effect in California.
In addition, the California legislature is considering a new bill that...more
The Federal Deposit Insurance Corporation (FDIC) has signaled renewed interest in small-dollar lending. In a new Request for Information (RFI), the regulator sought input on how it can encourage its supervised institutions to...more
In a sign that the California Department of Business Oversight (DBO) is contemplating new enforcement activity or possibly proposed regulations in the lending space, the DBO sent letters to 20 consumer installment lenders...more
A reminder from the New York Department of Financial Services (DFS): Beginning Sept. 4, all banks, insurance companies and other financial services institutions regulated by the DFS must begin complying with several...more
Fast Intro to Cryptocurrency -
An Overview -
What is cryptocurrency? This is an important question to address because it is a digital technology that is quietly transforming our financial landscape in a very big way....more
In a party line vote, the House of Representatives approved the Financial CHOICE Act of 2017. If signed into law, this legislation would profoundly alter the financial services regulatory landscape put in place after the...more