On Tuesday, July 8, the DOJ Antitrust Division announced a first-of-its-kind Antitrust Whistleblower Rewards Program (the “Program”). But the Program’s fine print suggests it may not be as lucrative for whistleblowers as it…
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/ Administrative Law, Antitrust & Trade Regulation, Criminal Law
The United States Court of Appeals for the District of Columbia Circuit recently held that the Securities and Exchange Commission (“SEC”) and the securities industry were effectively “separated by a common language.” Giving heed…
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/ Administrative Law, Business Organizations, Securities Law
Oregon will begin to regulate the use of minors’ information and sale of users’ location data (regardless of age) with an update to its Oregon Consumer Privacy Act. These revisions will go into effect January 1, 2026. As…
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/ Privacy
On July 9, the New York Department of Financial Services (NYDFS), joined by regulators from five other states, entered into a multistate settlement with a money transmitter headquartered in New York. The $4.2 million consent…
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/ Consumer Protection, Finance & Banking
On June 26, Rhode Island Governor Dan McKee signed companion bills S 0169 and S 0172 into law, twin measures that amend the state’s Deceptive Trade Practices Act and Interest and Usury statute to impose some of the nation’s…
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/ Consumer Protection, Finance & Banking, Health
On July 4, the “One Big Beautiful Bill Act,” was signed into law, which includes a provision to reduce the cap on the CFPB’s annual funding. The bill lowers the cap from 12% to 6.5% of the Federal Reserve’s total operating…
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/ Administrative Law, Consumer Protection, Finance & Banking
On June 10th, Sheppard Mullin partner Carolyn Metnick and associate Esperance Becton, in collaboration with Marsh McLennan, presented the CLE webinar, “Navigating Healthcare Risks in a Rapidly Evolving Patient and Provider…
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/ Health, Insurance, Science, Computers, & Technology
On June 25, the California DFPI announced that it had finalized a consent order with a cryptocurrency kiosk operator, alleging violations of the Digital Financial Assets Law (DFAL) and the California Consumer Financial…
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/ Administrative Law, Consumer Protection, Finance & Banking
On July 1, the CFPB terminated two separate consent orders, one involving a federal credit union and the other involving a national mortgage servicer. Both orders stemmed from 2024 enforcement actions and involved alleged…
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/ Consumer Protection, Finance & Banking, Real Estate - Residential
On July 8, 2025, the U.S. Court of Appeals for the Eighth Circuit vacated the FTC’s “click-to-cancel” Negative Option Rule, holding that the FTC violated the FTC Act and the Administrative Procedure Act when it finalized the…
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/ Administrative Law, Civil Procedure, Consumer Protection
On June 24, the Department of Housing and Urban Development (HUD) issued a Request for Information (RFI) to evaluate how Buy Now Pay Later (BNPL) loans may affect FHA-insured mortgage underwriting. The RFI seeks comment on…
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/ Consumer Protection, Finance & Banking, Real Estate - Residential
On Monday, June 30, 2025, Governor Gavin Newsom signed into law two bills, AB 130 and SB 131, which provide new exemptions from, and streamlines the process, under the California Environmental Quality Act (CEQA). AB 130 creates…
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/ Environmental Law, Real Estate - Residential, Zoning, Planning & Land Use
The use of AI recording tools has become prevalent. Companies’ policies addressing the legal issues with these tools is not yet as prevalent. If your company’s AI policy does not address these issues, it needs to be updated. A…
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/ Communications & Media Law, Privacy, Science, Computers, & Technology
The US “comprehensive” law landscape continues to expand, with two more states—Tennessee (July 1) and Minnesota (July 31) —joining the “comprehensive” privacy law club. Five of these -Delaware, Iowa, Nebraska, New Hampshire, and…
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/ Commercial Law & Contracts, Privacy
The U.S. Securities and Exchange Commission (SEC) is once again considering a proposal that could exempt certain individuals—known as “finders”—from broker registration requirements when helping small businesses raise capital…
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/ Administrative Law, Finance & Banking, Securities Law
