On November 1, 2023 the New York Department of Financial Services ("DFS") released amended cybersecurity regulations ("Regulations"). These changes will impose additional controls, demand more frequent risk assessments, and...more
12/1/2023
/ Chief Information Security Officer (CISO) ,
Cybersecurity ,
Enforcement ,
Final Rules ,
Financial Institutions ,
Financial Services Industry ,
Governance Standards ,
Incident Response Plans ,
Internal Controls ,
New Regulations ,
NYDFS ,
Popular ,
Risk Assessment
On October 27th, the Federal Trade Commission (“FTC”) finalized its long-awaited updates to the Safeguards Rule. The Safeguards Rule implements provisions of the Gramm-Leach-Bliley Act requiring the safeguarding of customer...more
Time to Reexamine Your Information Security Program -
On October 27, the Federal Trade Commission finalized its long-awaited updates to the Safeguards Rule. The Safeguards Rule implements provisions of the...more
In June of this year, the United States Supreme Court held that an employer who fires an employee for being gay or transgender violates the Civil Rights Act of 1964 ("Title VII"). Title VII prohibits employers from refusing...more
7/31/2020
/ Bostock v Clayton County Georgia ,
Consumer Financial Protection Bureau (CFPB) ,
Creditors ,
ECOA ,
Equal Access to Credit ,
Gender Identity ,
Hiring & Firing ,
LGBTQ ,
Request For Information ,
Risk Assessment ,
Risk Mitigation ,
SCOTUS ,
Sex Discrimination ,
Sexual Orientation ,
Sexual Orientation Discrimination ,
Title VII ,
Transgender ,
Underwriting
One year ago, small dollar lenders were operating under the specter of looming compliance dates for the Consumer Financial Protection Bureau’s (“CFPB’s”) final rule concerning small dollar lending. One year later, through...more
5/13/2020
/ CA Supreme Court ,
Consumer Financial Protection Bureau (CFPB) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Financial Regulatory Agencies ,
GA Supreme Court ,
Risk Assessment ,
Risk Mitigation ,
Small Dollar Lenders ,
State Attorneys General ,
State Legislatures ,
State Regulators
On April 15, 2019, the Federal Trade Commission and the Office of the Georgia Attorney General presented "Green Lights and Red Flags: FTC Rules of the Road for Business." The program addressed a variety of issues, including...more
Prioritizing compliance with federal and state law may be the last item on your never ending to-do list. Most days, you have bigger fish to fry - you want to increase sales and decrease overhead. However, a small investment...more
6/19/2019
/ Automotive Loans ,
Car Dealerships ,
Civil Monetary Penalty ,
Compliance ,
Consumer Financial Protection Bureau (CFPB) ,
ECOA ,
EFTA ,
Enforcement Actions ,
Fair Credit Reporting Act (FCRA) ,
FDCPA ,
Federal Trade Commission (FTC) ,
Financial Regulatory Agencies ,
FTC Act ,
Gramm-Leach-Blilely Act ,
Restitution ,
Risk Assessment ,
Risk Mitigation ,
Settlement ,
State Regulators ,
Truth in Lending Act (TILA) ,
Unfair or Deceptive Trade Practices