In a remarkable year for the equity markets in 2020, the increased use of Special Purpose Acquisition Companies (“SPACs”) to take companies public stands out as a defining trend. In 2020, well-known private businesses – like...more
1/26/2021
/ Collusion ,
Department of Justice (DOJ) ,
Division of Corporate Finance ,
Due Diligence ,
Federal Trade Commission (FTC) ,
Form S-1 ,
Hart-Scott-Rodino Act ,
Initial Public Offering (IPO) ,
Popular ,
Private Equity Firms ,
PSLRA ,
Publicly-Traded Companies ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Sherman Act ,
Special Purpose Acquisition Companies (SPACs)
With the change of administration in Washington, the Consumer Financial Protection Bureau (the “CFPB” or “Bureau”) is widely expected to assume a posture of aggressive enforcement of consumer protection laws. One area that we...more
1/15/2021
/ CARES Act ,
Consumer Financial Products ,
Consumer Financial Protection Act (CFPA) ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Dodd-Frank ,
Enforcement Actions ,
Financial Institutions ,
Interest Rates ,
Payday Lending Rule ,
Title X
Every change in presidential administration results in shifts to agencies’ policy priorities and enforcement efforts. In a Biden Administration, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”), in particular,...more
12/18/2020
/ Biden Administration ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Department of Justice (DOJ) ,
Discriminatory Lending Practices ,
Disparate Impact ,
ECOA ,
Enforcement Actions ,
Fair Housing Act (FHA) ,
HUD ,
Protected Class ,
Racial Bias