News & Analysis as of

State Regulators

Fenwick & West LLP

NAIC Expands AI Systems Evaluation Tool Pilot Program to 12 States: Key Updates for Insurers and AI Vendors Supporting Insurers

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The NAIC Big Data and Artificial Intelligence (H) Working Group has issued important updates about its AI Systems Evaluation Tool and related pilot program. Following discussions on February 9 and 17, the working group...more

Carlton Fields

[Webinar] Consumer Chemical Round Up: The Latest on State Regulation of Consumer Products and Food - March 24th, 1:00 pm - 2:00 pm...

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State-level regulation of consumer chemicals is accelerating — and diverging. More than 30 states now regulate, or are proposing to regulate, chemicals in food, packaging, and consumer products. From California Proposition 65...more

Patomak Global Partners

OCC GENIUS Proposal: Three Policy Issues to Watch

The Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking (NPR) to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act)....more

Bradley Arant Boult Cummings LLP

OCC Mortgage Escrow Rules Add Fuel To Preemption Debate

On Dec. 23, 2025, the Office of the Comptroller of the Currency launched an offensive in an ongoing regulatory battle over the powers reserved for national banks. Originally Published by Law360 - February 17, 2026....more

Mandelbaum Barrett PC

Cannabis Alert: Statewide Administrative Hold in METRC—What Operators Need to Know

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A major compliance development is affecting New Jersey’s cannabis market. As of February 5th, the New Jersey Cannabis Regulatory Commission (“CRC”) has implemented a statewide Administrative Hold in METRC for packages...more

White & Case LLP

Crypto company hit with $500,000 penalty by California regulator

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On January 14, 2026, the California Department of Financial Protection and Innovation announced an enforcement action and $500,000 penalty against crypto platform Nexo Capital Inc. for violating California's lender licensing...more

Troutman Pepper Locke

Payments Year in Review 2025: Federal and State Developments – Part 1 — Payments Pros – The Payments Law Podcast

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In the first installment of a two-part Payments Year in Review series, hosts Keith Barnett, Carlin McCrory, and Jason Cover highlight the key federal developments that shaped the payments industry in 2025 and preview what's...more

Eversheds Sutherland (US) LLP

Unclaimed property hot topics: Top 5 issues for 2026

The unclaimed property landscape will continue to evolve rapidly in 2026. States are modifying their enforcement methods and broadening the reach of their statutes while simultaneously facing increased legal challenges from...more

Orrick, Herrington & Sutcliffe LLP

Maine settles with crypto kiosk operator for $1.9M over alleged unlicensed activity and consumer protection failures

On January 5, the Maine Bureau of Consumer Credit Protection (BCCP) announced it has entered into a consent agreement with a virtual currency kiosk operator, resolving its dispute over alleged unlicensed money transmission...more

Troutman Pepper Locke

Redlining Enforcement: Past and Future — The Consumer Finance Podcast

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In this episode of The Consumer Finance Podcast, host Chris Willis is joined by Troutman Pepper Locke Partner Lori Sommerfield and Relman Colfax Co-Managing Partner Stephen Hayes for a candid discussion about how redlining...more

Ropes & Gray LLP

On the Tenth Day of Data… Looking Back at 2025 and Ahead to NYDFS Enforcement Priorities in 2026

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While 2025 may have brought questions about the level of enforcement we would see from federal regulators, there was no question that state regulators would continue to be active, especially in the financial privacy space....more

Venable LLP

Earned Wage Access: Certain Models Fall Outside TILA and Regulation Z Under Renewed Federal Guidance

Venable LLP on

Certain earned wage access (EWA) programs just received meaningful federal support. ...more

Sheppard

Oregon Enters $1.56 Million Consent Order Over Alleged Excessive Interest Charges in Bank Partnership Lending Program

Sheppard on

On December 8, the Oregon Department of Consumer and Business Services entered into a consent order with two affiliated companies resolving allegations of violations of the Oregon Consumer Finance Act arising from a bank...more

Dickinson Wright

From Sales Pitch to Cease and Desist in Tennessee’s Wine Market

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There is a particular type of sales pitch that shows up in inboxes when a market matures. One that promises growth without friction, national reach without regulatory headaches, and new customers without any need to rethink...more

Herbert Smith Freehills Kramer

NAIC Body Adopts Publications on Insurance Business Transfers, Corporate Divisions

U.S. insurers with unwanted runoff blocks of business should note recent action by a regulatory working group, which adopted guidance on insurance business transfers (IBTs) and corporate divisions (CDs). An IBT, generally, is...more

Brownstein Hyatt Farber Schreck

Recent Gambling Indictments Offer Potential Compliance Opportunities

The recent announcement of gambling-related federal criminal indictments involving professional athletes sent shockwaves throughout both the sports and sports betting worlds. The criminal cases, which include allegations of...more

Troutman Pepper Locke

Connecticut Insurance Commissioner to Retire

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Insurance Commissioner Andrew Mais will retire as of November 28, 2025. Mais was appointed as Connecticut insurance commissioner in February 2019. Governor Ned Lamont will formally nominate Josh Hershman to replace Mais in...more

Morrison & Foerster LLP

Should Earned Wage Access Products Be Considered “Credit”?

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Earned wage access (EWA) products are increasingly reshaping the employer-employee relationship, with widespread adoption as well as regulatory scrutiny. EWA allows employees to obtain a portion of their accrued wages they...more

Sheppard

Washington DFI Finalizes $60,000 Consent Order Addressing Alleged Advertising, Disclosure, and Reporting Failures

Sheppard on

On November 5, the Washington Department of Financial Institutions issued a consent order against a mortgage company and its designated broker following an examination of activities under the Mortgage Broker Practices Act and...more

Sheppard

Tenth Circuit Allows Colorado to Enforce its Interest Rate Caps on Out-of-State Banks

Sheppard on

In a significant decision for bank partnership arrangements, the United States Court of Appeals held that Colorado may apply its state interest rate caps to loans made by out-of-state banks under the Depository Institutions...more

Mitchell, Williams, Selig, Gates & Woodyard,...

U.S. Environmental Protection Agency Hazardous Waste Electronic Manifest System: Association of State and Territorial Solid Waste...

The Hazardous Waste Subcommittee of the Association of State and Territorial Solid Waste Management Officials (“ASTSWMO”) sent a September 16th letter providing comments to the United States Environmental Protection Agency...more

Orrick, Herrington & Sutcliffe LLP

Multistate coalition settles with mortgage company over alleged unlicensed activity and supervision failures

On September 26, state financial regulators in Hawaii, Idaho, Oregon and Texas entered into a multistate settlement agreement with a mortgage company to resolve allegations including unlicensed mortgage loan origination and...more

Troutman Pepper Locke

Point-of-Sale Finance Series: Understanding State Licensing for Nonbank Providers — The Consumer Finance Podcast

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In this insightful crossover episode of The Consumer Finance Podcast and Payments Pros, host Taylor Gess is joined by Joseph Reilly and Paul Boller to explore the intricacies of state licensing in the point-of-sale finance...more

FBT Gibbons LLP

[Webinar] Regulatory Crosscurrents: PFAS, CARB, and the Future of Environmental Enforcement - October 21st, 12:00 pm ET

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Manufacturers are facing a wave of complex and overlapping environmental regulations at both the state and federal levels. This session will examine two current issues that should be top of mind for manufacturers:...more

Goodwin

State Regulators Increase Regulations of Crypto Exchanges Despite Industry Pushback

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This year has seen a lot of activity in the cryptocurrency regulatory space, with several states amending existing statutes regulating money transmitters or instituting new regulatory mechanisms to address digital assets....more

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