News & Analysis as of

Consumer Protection law-news Intellectual Property

Read Consumer Protection updates, news, and legal commentary from leading lawyers and law firms:
Stinson LLP

Trump's First 100 Days: Intellectual Property, Artificial Intelligence and Cybersecurity

Stinson LLP on

During his first term, Trump appointed a U.S. Patent and Trademark Office (USPTO) director who instituted a number of reforms widely regarded as pro-patent, and the general consensus is that the incoming administration will...more

Stinson LLP

Trump's First 100 Days: Banking & Financial Services

Stinson LLP on

While existing regulations won't be erased overnight, the Trump Administration can quickly rescind informal agency guidance, including advisory opinions, interpretive rules and policy statements, creating opportunities for...more

Troutman Pepper

FTC Distributes $540,000 in Refunds to Victims of Deceptive Debt Collection Scheme

Troutman Pepper on

On December 10, the Federal Trade Commission (FTC) announced that it is distributing more than $540,000 in refunds to victims of an abusive debt collector group. The debt collectors allegedly threatened consumers with...more

Ballard Spahr LLP

HUD extends compliance date for portions of “Modernization of Engagement with Mortgagors in Default’’ rule

Ballard Spahr LLP on

The U.S. Department of Housing and Urban Development (HUD) has extended from January 1, 2025 until July 1, 2025, the compliance date for certain provisions of the department’s rule entitled “Modernization of Engagement with...more

Morris, Manning & Martin, LLP

FTC “Click to Cancel” Rule: What to Know Now

On October 16, 2024, the Federal Trade Commission (FTC) announced its final “Click to Cancel” Rule (the Rule) as a part of its ongoing review of its 1973 Negative Option Rule. The FTC revised the Rule to provide additional...more

Troutman Pepper

Troutman Pepper Weekly Consumer Financial Services Newsletter - December 2024 # 2

Troutman Pepper on

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

A&O Shearman

UK Financial Conduct Authority Policy Statement on Changes to Financial Crime Guide

A&O Shearman on

The U.K. Financial Conduct Authority has published a policy statement on changes to its financial crime guide, following its consultation in April. The changes cover the following areas: (i) sanctions—to reflect information...more

Oberheiden P.C.

Novo Nordisk Faces an Increasing Number of Lawsuits Alleging Harm Caused By Wegovy

Oberheiden P.C. on

Wegovy and other GLP-1 medications have become extremely popular over the past few years. Novo Nordisk (which makes both Wegovy and Ozempic) and other drug manufacturers have invested heavily in promoting these drugs as...more

DLA Piper

Puerto Rico Department of Consumer Affairs Reactivates its Office Against Discrimination in Commerce

DLA Piper on

The Puerto Rico Department of Consumer Affairs (DACO, per its acronym in Spanish) reactivated its Office Against Discrimination in Commerce (OADC) in September 2024 to ensure Puerto Rican consumers receive fair and equal...more

Ballard Spahr LLP

CFPB Proposes Broad New Data Broker Rule That Would Greatly Expand the FCRA

Ballard Spahr LLP on

On December 3, 2024, the Consumer Financial Protection Bureau (CFPB) published its long anticipated proposed rule aimed at regulating data brokers under the Fair Credit Reporting Act (FCRA).  Although the CFPB’s future is...more

McDermott Will & Emery

Colorado Advances Privacy Act Regulations

McDermott Will & Emery on

On December 5, 2024, the Colorado Department of Law (Department) adopted an amended draft of its latest proposed Colorado Privacy Act (CPA) regulations. This set of amended regulations follows a public comment period that...more

Blank Rome LLP

Proposed Amendments to Colorado Privacy Act Rules + Landmark Ruling on Retroactive Application of BIPA Amendments

Blank Rome LLP on

Colorado AG Releases Revisions to Draft Colorado Privacy Act Rules - The Colorado Attorney General’s Office released the second version of its proposed amendments to the Colorado Privacy Act rules. This round of revisions...more

Cooley LLP

CFPB Proposes New Rules That, If Finalized, Would Significantly Expand FCRA’s Reach

Cooley LLP on

On December 3, 2024, the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking (NPR) – Protecting Americans from Harmful Data Broker Practices. The CFPB’s proposal would amend Regulation V, which...more

DCI Consulting

California AB 2930 Joins AB 331 in Inactive Status

DCI Consulting on

The state of California has had a flurry of activity over the past two years intending to regulate the use of artificial intelligence (AI) in making consequential decisions, including in employment. The purpose of these laws...more

Miller Nash LLP

Oregon to Implement First Broad-Reaching EPR Recycling Law in the US

Miller Nash LLP on

Oregon is on the verge of implementing the first extended producer responsibility (EPR) law in the United States broadly targeting recyclable materials with the goal of increasing recycling rates and reducing waste. Several...more

BCLP

Shaping the Implementation of the UK’s New Rules on Subscription Contracts

BCLP on

Businesses now have the chance to influence the new UK rules governing subscriptions contracts by responding the Government’s consultation on the new legislation (and the secondary rules which are required to implement it)....more

Beveridge & Diamond PC

California’s Energy Commission Reaches Costly Settlements Over Consumer Product Efficiency Standards

Beveridge & Diamond PC on

Manufacturers and sellers of consumer products in California should be aware that the California Energy Commission (CEC) continues to bring more enforcement actions and assess large civil penalties for violations of its Title...more

Orrick, Herrington & Sutcliffe LLP

OCC releases enforcement actions for November 2024

On November 21, the OCC released a list of recent enforcement actions against national banks, federal savings associations, institution-affiliated parties (IAPs, or individuals associated with these entities). The OCC issued...more

Orrick, Herrington & Sutcliffe LLP

FDIC, OCC issues CRA evaluation schedules

On November 26, the OCC released its schedule for its CRA evaluations to take place in the first and second quarters of 2025. The OCC encouraged public comments on the CRA activities of the national banks and federal savings...more

Ropes & Gray LLP

FDA Finalizes Guidance on Predetermined Change Control Plans for AI-Enabled Medical Device Software

Ropes & Gray LLP on

On December 4, 2024, the U.S. Food and Drug Administration (“FDA”) released its final guidance for industry on predetermined change control plans (“PCCPs”) for devices that utilize artificial intelligence-enabled software...more

Hudson Cook, LLP

CFPB takes action against Student Loan Servicer for Allegedly Delaying Default Rehabilitation Process to Acquire Collection Fees

Hudson Cook, LLP on

On December 9, 2024, the CFPB entered into a consent order with the Company, alleging violations of the Consumer Financial Protection Act ("CFPA") and Fair Debt Collection Practices Act ("FDCPA") with respect to its...more

McGlinchey Stafford

Nevada Adopts Student Loan Servicer and Private Education Lender Regulations

McGlinchey Stafford on

At the beginning of 2024, Nevada began to require companies that service student loans to obtain a license and comply with numerous operational requirements. The law also regulates companies that make or hold private...more

Klein Moynihan Turco LLP

Daniel’s Law Is Constitutional, Judge Rules

Klein Moynihan Turco LLP on

Readers of this blog may recall a piece in which we discussed a New Jersey State law known as Daniel’s Law and Atlas Data Privacy Corporation (“Atlas Data”), a consumer data protection company. Shortly after Daniel’s Law was...more

Wilson Sonsini Goodrich & Rosati

FTC Files Consumer Protection Complaint Against GOAT

On December 2, 2024, the Federal Trade Commission (FTC) announced it had filed a complaint against GOAT, an online retailer of sneakers, apparel, and accessories. In the complaint, the FTC alleged, among other things, that...more

Skadden, Arps, Slate, Meagher & Flom LLP

Legislation Introduced To Overhaul CFPB Civil Investigative Demand Process

On October 25, 2024, a bill was introduced in the House of Representatives by sponsors from both parties that would impose heightened requirements and procedural protections for civil investigative demands (CIDs) issued by...more

39,328 Results
 / 
View per page
Page: of 1,574

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide