Gabby Torres

Sep 6, 2024 | jdsupra.com | Andrew Caplan |Brian Montgomery |Gabby Torres

On July 25, 2024, the Board of Governors of the Federal Reserve System (FRB), Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) issued a joint statement describing potential risks related to banks’ deposit arrangements with fintechs and other third parties. The agencies also published a joint request for information (RFI) seeking input on the risk management practices employed in a wider variety of arrangements between banks and fintechs.

Jun 3, 2024 | jdsupra.com | Shruti Arora |Jeewon Kim Serrato |Gabby Torres

In this week’s edition of Consumer Protection Dispatch, we look at the latest regulatory developments from the U.S. Department of Commerce, Consumer Financial Protection Bureau, and the Securities and Exchange Commission regarding data and AI.

Mar 5, 2024 | jdsupra.com | Gabby Torres |Elizabeth Zimmer

TAKEAWAYS In 2023, four consumer privacy laws went into effect in Colorado, Connecticut, Virginia and Utah. Entities should prepare for a new class of consumer data privacy laws to take effect in Florida, Montana, Oregon and Texas starting in July 2024. While the new laws resemble existing privacy frameworks, covered businesses should review their compliance strategies to account for unique requirements.

Mar 4, 2024 | pillsburylaw.com | Gabby Torres |Elizabeth Zimmer

Looking ahead to July 2024, a new class of consumer privacy laws will begin to take effect in Florida, Oregon, Montana and Texas. While laws in this class significantly resemble their predecessors, unique provisions within each will demand a comprehensive review of new compliance obligations. Below, we have summarized the key takeaways of consumer privacy laws taking effect in 2024, and detail how organizations can prepare.