In her State of the State address earlier this month, New York Governor Kathy Hochul proposed a significant expansion of New York’s consumer protection laws....more
1/25/2024
/ B2B Transactions ,
Buy Now Pay Later (BNPL) ,
Consumer Financial Products ,
Consumer Protection Laws ,
Financial Services Industry ,
NYDFS ,
PHH Corp. v CFPB ,
Real Estate Transactions ,
Regulatory Authority ,
UDAP ,
Unfair or Deceptive Trade Practices
On May 5, New York Attorney General Letitia James announced a landmark legislative proposal—titled the Crypto Regulation, Protection, Transparency and Oversight (CRPTO) Act (hereinafter, the Proposal)—to tighten regulations...more
The Massachusetts Gaming Commission recently approved regulations to ensure data privacy and security for sports betters in the Commonwealth. On August 8, 2023, the commissioners approved 205 CMR 257, Sports Wagering Data...more
As described in our Client Alert of July 6, 2023, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) proposed on June 27, 2023, a massive overhaul of the Hart-Scott-Rodino Act (HSR) pre-merger notification...more
7/19/2023
/ Antitrust Division ,
Comment Period ,
Department of Justice (DOJ) ,
Federal Trade Commission (FTC) ,
Hart-Scott-Rodino Act ,
Merger Reviews ,
Mergers ,
Notice Requirements ,
NPRM ,
Premerger Notifications ,
Private Equity ,
Private Equity Funds ,
Proposed Amendments ,
Required Forms
On May 5, New York Attorney General Letitia James announced a landmark legislative proposal — titled the Crypto Regulation, Protection, Transparency and Oversight Act — to tighten regulations on the digital asset industry....more
On May 5, New York Attorney General Letitia James announced a landmark legislative proposal—titled the Crypto Regulation, Protection, Transparency, and Oversight (CRPTO) Act (hereinafter, the Proposal)—to tighten regulations...more
The Federal Trade Commission (FTC) has brought far more consumer protection enforcement actions in conjunction with state attorneys general’s offices this year, and the trend shows no signs of slowing down.
For example,...more
1/9/2023
/ Advertising ,
AMG Capital Management LLC v FTC ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Protection Laws ,
Enforcement Actions ,
Enforcement Priorities ,
False Advertising ,
Federal Trade Commission (FTC) ,
FTC Act ,
Misrepresentation ,
State Attorneys General
The coronavirus pandemic has led to increased attention from regulators - and in particular state attorneys general - concerning price increases for essential goods and services. Although COVID-19 case counts are currently...more
On November 23, 2021, the US District Court for the District of Columbia invalidated a 2021 gaming compact between the Seminole Tribe of Florida and the State of Florida, which permitted mobile sports wagering throughout the...more
12/2/2021
/ Casinos ,
Contract Termination ,
Department of the Interior ,
Equal Protection ,
Indian Gaming ,
Indian Gaming Regulation Act ,
Native American Issues ,
No-Action Letters ,
Secretary of the Interior ,
Sports Betting ,
Tribal Lands ,
Tribal-State Gaming Compacts ,
Unlawful Internet Gambling Enforcement Act (UIGEA) ,
Wire Act
On June 22, the House Select Subcommittee on the Coronavirus Crisis held a hearing titled “U.S. Economy On The Path To Strong Recovery.” Federal Reserve Chair Jerome Powell testified regarding the Fed’s emergency pandemic...more
6/24/2021
/ Centers for Disease Control and Prevention (CDC) ,
Congressional Committees ,
Congressional Oversight ,
Coronavirus/COVID-19 ,
Economic Downturn ,
FEMA ,
Fraud ,
Main Street Lending Programs ,
OSHA ,
Paycheck Protection Program (PPP) ,
Preliminary Injunctions ,
Proposed Legislation ,
State Attorneys General ,
Vaccinations ,
Veterans Administration
The House Select Subcommittee on the Coronavirus Crisis continues its investigation into PPP fraud. On May 27, the Select Subcommittee turned its focus to FinTech firms and partner banks implicated in Department of Justice...more
6/11/2021
/ CARES Act ,
Congressional Committees ,
Congressional Oversight ,
Consent Order ,
Coronavirus/COVID-19 ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
FinTech ,
Fraud ,
Paycheck Protection Program (PPP) ,
SIGPR ,
State Attorneys General ,
Vaccinations
On May 26, SBA Administrator Isabella Casillas Guzman began a series of hearings on the Hill that will continue through May 28. On May 26, she testified before the House Committee on Small Business in a hearing titled “An...more
6/1/2021
/ Biden Administration ,
Congressional Investigations & Hearings ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
OSHA ,
Paycheck Protection Program (PPP) ,
Pharmaceutical Industry ,
SBA ,
SBA Lending Programs ,
TRIPS Agreement ,
Vaccinations ,
Waivers
House Education and Labor Committee Chair Robert C. Scott (D-VA) issued a statement on May 18 criticizing the Biden Administration’s decision to use “the honor system” to report coronavirus vaccination status. He said, “One...more
5/20/2021
/ Biden Administration ,
Coronavirus/COVID-19 ,
Criminal Prosecution ,
Fraud ,
Infectious Diseases ,
Joint Task Force ,
OSHA ,
Oversight Committee ,
Pandemic Response Accountability Committee (PRAC) ,
Paycheck Protection Program (PPP) ,
SIGPR ,
State Attorneys General ,
Vaccinations ,
Workplace Safety
As part of its ongoing investigation into the Federal Reserve’s administration of pandemic relief lending programs, House Select Subcommittee on the Coronavirus Crisis Chair James E. Clyburn sent a letter to Fed Chair Jerome...more
5/14/2021
/ Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Enforcement Actions ,
Infectious Diseases ,
Legislative Agendas ,
Main Street Lending Programs ,
Municipal Liquidity Facility (MLF) ,
OSHA ,
Regulatory Oversight ,
SBA ,
State Attorneys General ,
Trump Administration ,
White Collar Crimes ,
Workplace Safety
The Congressional Oversight Commission released its 12th report on April 30. The report focuses on a $700 million loan to trucking company Yellow Corporation (formerly known as YRC Worldwide) under the CARES Act loan program...more
5/7/2021
/ American Rescue Plan Act of 2021 ,
CARES Act ,
Congressional Oversight ,
Constitutional Challenges ,
Coronavirus/COVID-19 ,
Data Collection ,
Enforcement Actions ,
Financial Stimulus ,
Fraud ,
Government Investigations ,
Information Reports ,
Legal Opinion ,
National Security ,
Office of Legal Counsel (OLC) ,
OSHA ,
Paycheck Protection Program (PPP) ,
Restaurant Industry ,
SIGPR ,
State Attorneys General
Pressure is increasing on the Biden Administration to release the delayed Emergency Temporary Standard (ETS) to protect workers from COVID-related risks. On April 26, Representatives Debbie Dingell (D-MI), Rashida Tlaib...more
4/30/2021
/ Administrative Procedure Act ,
American Rescue Plan Act of 2021 ,
Biden Administration ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Educational Institutions ,
False Claims Act (FCA) ,
Fraud ,
Immigration and Nationality Act ,
OMB ,
OSHA ,
Pandemic Response Accountability Committee (PRAC) ,
State Attorneys General ,
US-Mexico Border Wall ,
Vaccinations ,
Workplace Safety
On April 21, the Senate Committee on Commerce, Science, and Transportation Subcommittee on Aviation Safety, Operations and Innovation held a hearing entitled “Prepare for Takeoff: America’s Safe Return to Air Travel.” The...more
4/23/2021
/ Airlines ,
Congressional Committees ,
Congressional Investigations & Hearings ,
Coronavirus/COVID-19 ,
Enforcement Actions ,
Fraud ,
Inspector General ,
Pandemic Response Accountability Committee (PRAC) ,
Paycheck Protection Program (PPP) ,
Price-Fixing ,
State Attorneys General
The House Select Subcommittee on the Coronavirus Crisis released documents showing President Trump’s political appointees discussing their efforts to exert influence over the CDC’s COVID-19 guidelines and reports to more...more
4/16/2021
/ Congressional Committees ,
Congressional Investigations & Hearings ,
Congressional Oversight ,
Coronavirus/COVID-19 ,
Indictments ,
OSHA ,
Pandemic Response Accountability Committee (PRAC) ,
Presidential Nominations ,
SIGPR ,
Trump Administration ,
Virus Testing
As part of its ongoing investigation into pandemic-related government contracts entered into by the Trump Administration, the House Select Subcommittee on the Coronavirus Crisis released documents that offer a real-time look...more
4/9/2021
/ CARES Act ,
Congressional Investigations & Hearings ,
Congressional Oversight ,
Coronavirus/COVID-19 ,
Fraud ,
Fraud Abuse and Waste ,
Paycheck Protection Program (PPP) ,
Price Gouging ,
Public Contracts ,
SIGPR ,
Small Business ,
Trump Administration ,
Vaccinations
As part of an ongoing investigation into a “failed” $35 million contract to provide six million N95 masks to the Department of Veterans Affairs (VA), House Select Subcommittee on the Coronavirus Crisis Chair James Clyburn...more
3/25/2021
/ CARES Act ,
Congressional Oversight ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Executive Orders ,
Federal Contractors ,
Fraud ,
Nursing Homes ,
OSHA ,
SBA ,
SBA Lending Programs
On March 15, the SBA Office of the Inspector General published a report identifying $692 million in duplicate PPP loans. This confirmed earlier findings made by the House Select Subcommittee on the Coronavirus Crisis in...more
3/18/2021
/ Congressional Committees ,
Congressional Investigations & Hearings ,
Congressional Oversight ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Fraud ,
Inspector General ,
OSHA ,
Paycheck Protection Program (PPP) ,
Price Gouging ,
SIGPR ,
State Attorneys General ,
Trump Administration ,
Wire Fraud
Republican leaders urged their House Democrat counterparts to hold a joint hearing regarding the undercounting of COVID-19 deaths in New York nursing homes. The letter was signed by Energy and Commerce Ranking Member Cathy...more
3/12/2021
/ Congressional Committees ,
Congressional Investigations & Hearings ,
Congressional Oversight ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Enforcement Actions ,
Fraud ,
Nursing Homes ,
Paycheck Protection Program (PPP) ,
Settlement ,
State Attorneys General ,
Wire Fraud
Although much attention recently has been focused upon debates in Congress, potential legislative changes to U.S. antitrust law are not limited to proposals at the federal level. Many states are considering changes to their...more
The House Select Subcommittee on the Coronavirus Crisis launched an investigation into One Medical’s COVID-19 vaccine-distribution practices. In a letter, Subcommittee Chair James Clyburn (D-SC) highlighted the need for...more
3/5/2021
/ Biden Administration ,
Capital Requirements ,
Centers for Disease Control and Prevention (CDC) ,
Congressional Committees ,
Congressional Oversight ,
Coronavirus/COVID-19 ,
Fraud ,
Nursing Homes ,
OSHA ,
Paycheck Protection Program (PPP) ,
Settlement ,
State Attorneys General ,
Travel Restrictions ,
Vaccinations
On February 19, the House Select Subcommittee on the Coronavirus Crisis held a video briefing on ensuring equity in coronavirus vaccinations. In a press release, the Subcommittee identified the following takeaways from the...more
2/26/2021
/ Biden Administration ,
CARES Act ,
Congressional Committees ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Enforcement ,
Eviction ,
Fraud ,
Paycheck Protection Program (PPP) ,
State Attorneys General ,
Travel Restrictions ,
Vaccinations