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Reporting Requirements Consumer Contracts

Nutter McClennen & Fish LLP

Nutter Bank Report: June 2024

The CFPB, as part of its initiative to accelerate the shift to open banking in the United States, issued a final rule on June 5 that outlines the qualifications to become a recognized industry standard setting body, which can...more

Ballard Spahr LLP

Connecticut Banking Dept. takes no-action position on new demographic data reporting requirement for sales finance companies

Ballard Spahr LLP on

In August 2018, we reported about significant changes to Connecticut’s licensing laws for consumer financial services providers that were to take effect on October 1, 2018.  ...more

Burr & Forman

The Best Defense is a Good Strategy: Planning for the Arbitration Rule

Burr & Forman on

On May 5, 2016, the Consumer Financial Protection Bureau (“CFPB”) held its fourth field hearing on Arbitration and issued a proposed Rule that would prohibit the use of arbitration clauses that block consumers’ participation...more

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