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1 week ago | 
openlegalblogarchive.org | David Anthony |Virginia Bell Flynn |Stefanie Jackman |Ethan G. Ostroff
In a significant ruling today, the U.S. Supreme Court delivered its 6-3 opinion in McLaughlin Chiropractic Associates, Inc. v. McKesson Corporation, addressing the scope of judicial review under the Hobbs Act. The decision marks a pivotal moment in administrative law, particularly concerning the deference required to agency orders in enforcement proceedings.
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1 week ago | 
jdsupra.com | Ethan G. Ostroff
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.
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2 weeks ago | 
jdsupra.com | Ethan G. Ostroff
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. Federal ActivitiesState ActivitiesFederal Activities:On June 5, the U.S. District Court for the Western District of Texas issued an order granting the joint stipulation of dismissal with prejudice filed by the U.S. Securities and Exchange Commission (SEC) and Ian Balina.
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2 weeks ago | 
openlegalblogarchive.org | Ethan G. Ostroff
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. Federal ActivitiesState ActivitiesOn June 5, the U.S. District Court for the Western District of Texas issued an order granting the joint stipulation of dismissal with prejudice filed by the U.S. Securities and Exchange Commission (SEC) and Ian Balina.
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3 weeks ago | 
jdsupra.com | Ethan G. Ostroff
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.
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1 month ago | 
jdsupra.com | Ethan G. Ostroff
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. Federal ActivitiesState ActivitiesFederal Activities:On May 23, the Consumer Financial Protection Bureau (CFPB) filed a status report in the U.S. District Court for the Eastern District of Kentucky, indicating its intent to vacate the Biden-era open banking rule under § 1033 of the Dodd-Frank Act.
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1 month ago | 
jdsupra.com | Ethan G. Ostroff
The U.S. Senate’s proposal to regulate stablecoins, known as the GENIUS Act, has successfully cleared a significant procedural hurdle, moving closer to a full floor debate. On May 19, lawmakers voted to invoke cloture on the bill, marking a pivotal moment in its legislative journey. This vote followed an earlier setback on May 8, when Democrats withdrew their support to engage in further negotiations.
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1 month ago | 
jdsupra.com | Ethan G. Ostroff
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. Federal ActivitiesState ActivitiesFederal Activities:On May 16, Commissioner Christy Goldsmith Romero announced her departure from the Commodity Futures Trading Commission (CFTC), effective May 31, marking the end of her 23-year tenure in federal service.
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1 month ago | 
jdsupra.com | David Anthony |Stefanie Jackman |Ethan G. Ostroff
Yesterday, the Consumer Financial Protection Bureau (CFPB or Bureau) filed its decision to withdraw the proposed rule titled “Protecting Americans from Harmful Data Broker Practices (Regulation V)” in the Federal Register. The rescission is scheduled to be published today. This withdrawal marks a significant shift in the Bureau’s approach to regulating data brokers and other updates to Regulation V under the Fair Credit Reporting Act (FCRA).
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1 month ago | 
openlegalblogarchive.org | Ethan G. Ostroff
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. Federal ActivitiesState ActivitiesOn May 9, the Consumer Financial Protection Bureau (CFPB) announced the withdrawal of 67 regulatory guidance documents, including interpretive rules, policy statements, and advisory opinions that have been issued since the CFPB’s inception in 2011.
